Trade-Journal

Fakeout or break out? Exciting news!

BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
📈Exciting news, traders! We're seeing some momentum building as Bitcoin edges closer to the top of our anticipated range high, just as we discussed in yesterday's livestream. While some of you may have already hopped into a short position, I'm patiently awaiting my confirmation signal.

What am I waiting for? The magic of the 5-minute chart! I'm keeping a close eye on the break in structure and retracement leg. As of now, we haven't seen a convincing bearish close on the 5-minute timeframe, so I'm advising everyone to stay vigilant and poised to make a move when the time is right.

Remember the golden rule: 'No change, no trade.' We're not just looking for any opportunity; we're seeking clear shifts in market structure to guide our entries. Adhering to this principle is the cornerstone of long-term success in trading and is bound to supercharge your account growth over time.

As we monitor the charts, the big question looms: Are we on the brink of a breakout, or could this be a clever fakeout? Only time will reveal the answer, so let's stay sharp and capitalize on whatever the market throws our way! 💪💰 #Bitcoin #TradingStrategies #StaySharp"

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