I wanted to share this $ZIL trade with you so that you can hopefully learn some fundamental Price Action concepts

Here we'll explore:

- The Range
- nPOC
- Entry
- Psychology

Use these methods on $BTC any #cryptocurrency from $ETH, $SOL, $MATIC, $FTM $SHIB

I started off with drawing the range

You can see the notations on the drawings. Basically, I'm looking for the market structure before the sell off, and then the wicked candle that shows a liquidity tap that we assume will be run

Then we're looking for a FVG, Fair Value Gap, where price trades through an area very quickly, leaving a 'gap' that opposite trending PA will 'fill'.

This occurs on any timeframe as price is fractal

Using Value Area Trading, or the VPSV tool on @tradingview, we can see that there is a Naked Point of Control that is at the top of the FVG.

This is where price spent the most amount of time within the previous day's session.

There is a lot of interest in these areas

Market Structure Break is where we have a swing high violated (or swing low), where we then expect a retest before price is assumed to continue in a trend or a reversal

(also note that our future entry aligns with the VAL of the previous session too)

We see price recede from the top of the range to the low, sweeping the lows on the way through.

Price then dances at range low, before impulsively breaking a local swing high, where we can then assume that we can make an entry to the targets of the FVG and nPOC

You can see that with the entry made, that there are several areas along the trade that could change your mind about your idea.

You just got to keep that conviction though and stick with the idea as price is drawn to liquidity at the nPOC

Price rallied to fill the gap, reaches range high, smashed the nPOC, & the trade was a successful 2.48R

An enjoyable trade when sticking to your guns with the trading idea you have & watching it unfold

Thanks @Delta_Exchange for a great trade on a great exchange
So that's it folks - just wanted to show that with some logical thinking & PA principles, we can all hopefully be smashing it like @RektProof soon!

Thanks for stopping by; you know the drill - say g'day to the old chook for me, & have a great weekend!


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More from @Mindset_BTC

7 Nov
With trading, you've got to think like the market maker, rather than what the crowd looks for with #Crypto

So here's my interpretation of a couple of possible $BTC plays.


- Overview
- Premium / Discount
- nPOC
- Support / Resistance
- Plays
- Wrap up Image

$BTC has retraced after hitting ATH just recently.

We saw a range form, followed by a liquidity grab for sell stops, up to buyside stops in the form of range deviations Image
Premium / Discount:

With regard to an overall range from the ATH to the current range low, we can explore the concept of discount and premiums.

Mid range is seen as fair value, with anything less than this a discount, and anything more, price being at a premium Image
Read 11 tweets
2 Nov
I haven't done an educational run down of a potential trade for a bit, so here are the workings of a trade that could have been taken on $LINK

Use this method on any pairing from $BTC, $ETH, $SOL, $FTM, $RSR, the list goes on
So smash your traditional fibs up on the chart, from the swing high to the swing low.

Note that this is a higher TF than I usually use, but want to show you that you can trade using this method on any TF
When price starts to show signs of recovering, wait for the Market Structure Break as shown in the blue circle.

Then get your target fibs out as shown on the image. Note that the 0.702 and the 0.232 line up for entry here
Read 7 tweets
23 Oct
The importance of taking profit and actively managing your trade - $MATIC

Love a 5M chart bash - such quick feedback with your trading ideas, & so much further opportunity to continually refine the edge.

Hopefully this helps you.

Please share if it can help someone else too.
Price has run down, and a range has formed.

We've tested the range high with a deviation up to the bearish orderblock, but also swept some highs while we were up there
Retest of the range high occurs, which presents a great shorting opportunity with our fibs (that we've just looked at how to use on the recent vid I shared)

Target of beyond range low (as you do)

Further confluence is presented when we check the VPVR for VAH
Read 5 tweets
20 Oct
Are you struggling with understanding directional bias and how to plan your trades out?

"Eff me dead and bury me pregnant" you say, "how does he know that?"

Well, read on for a handy dandy pick me up if you've had a directionally biased arse whooping recently
Here's you:

- You've scanned a chart for donkey's years
- A you beaut entry is determined by thou
- Your arse is clenching as you squeeze the buy or sell trigger
- You think to yourself: This will be the move that establishes you as a trader...!

....and you get stopped out.
But why? Is this a contunuing trend that you find your self in?

How about you read the 7th word in this particular tweet.


You know the cliche saying - "The trend is your friend"

It's so true though.
Read 10 tweets
19 Oct
Quick breakdown on a possible $SOL trade, with some method behind the madness, true PA style only

Price action and price action concepts work in any market for any #Crypto or #cryptocurrency, or anything from forex to stocks.

Lets start on the 1H chart to get an idea:
We can see that we can define a range from MS that has formed after the impulse move upwards

From the initial impulse move outside of the range, we can leave this as a buyside liquidity target.

We see price sweep range high, and then range lows in its search for liquidity
Price hits the initial liquidity target and then, naturally, seeks the next liquidity target of the previous range lows where participants would have stored their stop losses
Read 6 tweets
17 Oct
Hi guys, are you keen to take a quick look at $FTM chart, where we show how price is fractal in nature? Remember the BTC 5M scalps I've been sharing? (Check the similarities)

If so, read on:

The same is true for $BTC, $ETH, $FTT, $LUNA, $SOL, $SHIB, you name it
Looking on the 4H chart, let's observe a key item:

There is a Market Structure Break that causes a shift in market structure

We can also set an objective for price to head to based on the liquidity of an untested low
And what about understanding the next price move up?

See the detail on the chart:

- Retest of the bearish orderblock
- Sell off encountered
- Boom
- We've now got a range to play with
Read 8 tweets

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