Bitcoin
Short

Bitcoin - Update after NFP

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Hello Community!

📊 Check out my Intraday analysis on Bitcoin after NFP!


🎉Every day I publish my intraday analyzes and key daily, weekly levels based on the MarketProfile method.
For the indicator that shows you my levels directly in your chart, write me in a comment.

❗️Now I'll show you how I trade Long/Short levels and how you can trade them with me.

📲In the chart you can see Long / Short levels into which I enter directly through the limit and then I control them based on the volume . If the market does not respect the level and starts to form a volume in the negative zone, I try to end the position at the breakeven point or stoploss. I set the Profit Target according to RRR or according to key levels and S / R zones. These levels can also be traded from the other side, support becomes resistance and vice versa.

Key levels are usually traded by waiting for confirmation or some setup on a smaller TF. These are very strong levels at which turnovers often occur, so they consider them to be very successful and the advantage is that they are based on the Market Profile method, so they can trade in any market.


❗️First of all, when I have the level ready, I have to set a Stoploss.

Stoploss is determined by several criteria. First of all, it must not be too far away and also it must not be in an area that serves as a magnet such as POC , Key Levels or a stoploss zone, where the market will run out of liquidity.

In this case (First short - more risky, just for advanced), I have a Short level at 19120 and I set Stoploss to 9155. I was wondering where to set that Stoploss. According to the technical analysis , I should put SL on Pivot High. Also I looked at VolumeProfile and tried to find a logical zone where I could set Stoploss. I simply looked at the Volume Zone and POC you can see in the Chart and I set Stoploss for this Volume Zone. If the market overcomes this zone, it will most likely continue higher.

Second short - set stoploss on 9267 - in update I will share Orderflow Chart - you should know why I set it there.


Summary:
Stoploss determined by.
✅1. Pivot High / Low
✅2. Logical zone according to VolumeProfile
✅3. Low Volume Node and Profile
✅4. Outside of key levels

Hope It helps!

Share your comment and analysis below.
Uwaga
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📊 Orderflow chart

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Uwaga
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📊 Weekly VWAP

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Transakcja zamknięta: osiągnięto wyznaczony cel
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✅First Target Reached - Moved SL snapshot
Transakcja zamknięta: osiągnięto wyznaczony cel
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✅ Second short level - Profit Reached! Congratulations!

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Transakcja zamknięta: osiągnięto wyznaczony cel
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✅ Last target reached, congratulations!

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