Victors Trading Blog #2
BTCUSD Live Trade in m1 using SMC and Fibo Trading
Crypto
Bitcoin
Here we see that we dipped into the Bullish OB on the h1 with a retest of the candlestick gap
This gap can be further defined in the m15
Now, looking at the m5 we see a liquidity run below the low at around 11am
After a run up to 67400 there also was a bullish Breaker signaling further upward movement. After the run up toward 67480 were retesting the superordinate bullish Breaker that will get us closer toward the Buyside Liquidity resting above the equal highs from the m5.
Trade (m1 Scalp)
Setups like this prove to be really nice scalps. In this instance, a $91.4 move using the 50% mark in from both the breaker and the FVG.
If you are an Elliott Wave guy, you can also see the nice 5 wave impulse following a 3 wave correction.
Which means there's another correction on its way...
Done for the Day with Trading
If you wanted to trade higher, this would obviously have been a very nice short as it reached for BSL
to activate earnings with sharing
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