FETUSDT | Lets Try To Snipe It
2024-12-04

In this setup, I've identified two key green zones as potential demand areas based on historical price action. These areas are where price wicks have previously formed, suggesting strong buying interest.

Why These Zones?

The green boxes highlight regions where buyers have aggressively entered the market in the past, creating significant wicks.
On lower timeframes (LTF), such areas are often liquidity zones, where institutional traders may step in to fill large orders.
Stop-Loss Placement

The stop-loss is set at 1.77, slightly below the second green box. This placement minimizes risk while accounting for potential liquidity grabs before a reversal.
Trading Plan:

Wait for the price to revisit the green zones.
Look for bullish confirmation signals (e.g., candlestick patterns, order flow shifts) before entering long positions.
Target key resistance levels for exits, ensuring a favorable risk-to-reward ratio.
Always trade with proper risk management and adjust stops if market structure changes. Let’s see how the price reacts! 🚀

 I keep my charts clean and simple because I believe clarity leads to better decisions. Trading doesn’t have to be overly complicated, and I enjoy sharing setups that have worked well for me.

My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. It’s all about learning and growing together as traders, and I’m here to share what I see.

The markets can confirm what the charts whisper if we’re paying attention. I hope these levels help you as much as they’ve helped me in the past. Let’s see how this plays out!

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