Oke, back to the three arrows on the chart. Again, rather than knife-catching, I'd instead scale in different proportions and let the structure develop itself. - Black; I like the odds of being around the bear's tail. I'm looking at long swing trades IF the setup is there.
For swing trades, I mainly use these ranges and their extremes. - Biggest moves often happen from here.
- Good risk reward with clean invalidation points.
We've got a beautiful deviation setup formed around this key level. So as long as this holds, I'm medium-term bullish and looking for targets around the mid and high 20's to de-risk. Below the range and deviation, I'll change the bias.
On this medium time frame plan, I'll use these ideas in this more recently formed range to get exposure. Still looking at the AI coins as Altcoins to buy.
Green & Blue arrow;
If, along the way, we build more of this structure, we might get more evidence of being in phase 3/4;
- More equal lows
- Higher highs This can come in many forms. I'll use this to scale in. Losing the range high, and we might form this at the mid-range.
Again, nobody knows precisely what will happen, but overall, I'm getting excited by the market and opportunities. Time to grind and put back in the time is there. Have plans, invalidation, and listen to yourself.