Sunday 15 Oct BTC analysis Setup Short term
Updated
# Trading Checklist
# Trading Checklist BTC
- [x] **Rule** Is there any setup?
- [ ] NO Setup NO Trade
- [ ] SBR
- [ ] RBS
- [x] QML
- [ ] QMTR
- [ ] BLINDSPOT
- [x] Use a trend-following setup.
- [x] YES
- [ ] I love Risky way
- [ ] Analyze from a big time frame. Define the Entry Zone
- [x] 30M 4H
- [x] 15M, 1H
- [ ] Is there any News (interest rate Decision)
- [ ] Yes
- [x] No
- [x] Set both buy and sell zones on a higher timeframe such as 4H or Day for TP and Entry Area.
- [x] YES
- [ ] No
- [x] Is it in Premium Zone?
- [x] FIBO 61.8
- [x] FIBO 78.6
- [ ] FIBO 50
- [x] Check Is in sideway?
- [ ] YES Break Sideway
- [x] NO
- [x] Check Zone within Zone?
- [ ] YES
- [x] NO
- [ ] Is there Fake out zone
- [ ] YES
- [x] No
- [x] The Risk-Reward (RR) ratio should be around 4 or more than 2. If there is an 80% chance of reaching the target, take it.
- [x] 1:3
- [ ] 1 :4-5
- [ ] More
- [x] Confirmation using Choch.
- [x] Risk Entry
- [ ] Confirmation Entry
- [ ] Is ChoCH occur in what time frame
- [ ] 4H
- [ ] Day
- [ ] Is ChoCh occur in what Zone?
- [ ] Daily
- [ ] Weekly
- [ ] or 4H
- [ ] Mark up zone Correctly
- [x] Check for Bullish Engulfing ?
- [x] 1/3 of Wicks?
I utilize demand and supply strategies. If you would like me to analyze anything, feel free to ask.
Have a nice day.
# Trading Checklist BTC
- [x] **Rule** Is there any setup?
- [ ] NO Setup NO Trade
- [ ] SBR
- [ ] RBS
- [x] QML
- [ ] QMTR
- [ ] BLINDSPOT
- [x] Use a trend-following setup.
- [x] YES
- [ ] I love Risky way
- [ ] Analyze from a big time frame. Define the Entry Zone
- [x] 30M 4H
- [x] 15M, 1H
- [ ] Is there any News (interest rate Decision)
- [ ] Yes
- [x] No
- [x] Set both buy and sell zones on a higher timeframe such as 4H or Day for TP and Entry Area.
- [x] YES
- [ ] No
- [x] Is it in Premium Zone?
- [x] FIBO 61.8
- [x] FIBO 78.6
- [ ] FIBO 50
- [x] Check Is in sideway?
- [ ] YES Break Sideway
- [x] NO
- [x] Check Zone within Zone?
- [ ] YES
- [x] NO
- [ ] Is there Fake out zone
- [ ] YES
- [x] No
- [x] The Risk-Reward (RR) ratio should be around 4 or more than 2. If there is an 80% chance of reaching the target, take it.
- [x] 1:3
- [ ] 1 :4-5
- [ ] More
- [x] Confirmation using Choch.
- [x] Risk Entry
- [ ] Confirmation Entry
- [ ] Is ChoCH occur in what time frame
- [ ] 4H
- [ ] Day
- [ ] Is ChoCh occur in what Zone?
- [ ] Daily
- [ ] Weekly
- [ ] or 4H
- [ ] Mark up zone Correctly
- [x] Check for Bullish Engulfing ?
- [x] 1/3 of Wicks?
I utilize demand and supply strategies. If you would like me to analyze anything, feel free to ask.
Have a nice day.
Trade closed: target reached
TP
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