🚀 High-Quality ADA Long Setup (4H Chart)
This trade is forming on carefully marked zones and clear trends.
🔑 Key Highlights
1. 4H Resistance Zone
Price has tapped this strong resistance zone 5 times already.
The more it gets tested, the higher the probability it will break on the next attempt.
2. Entry Zone
We are not entering immediately — patience is key for high R:R setups.
Ideal entry lies between the 0.38 – 0.618 Fibonacci retracement levels.
A high-volume cluster around the 0.5 Fib level suggests that price may pull back here before gaining upward momentum.
Closely monitor this area on lower timeframes for confirmation.
3. Stop Loss (SL)
A long wick below the recent bearish candle indicates it’s unlikely price revisits that level before moving up.
This becomes our protective stop loss.
4. Target Zone
First target is the next major resistance on the 12H / Daily chart, depending on how candles close at higher timeframes.
📊 (Chart attached for reference)
⚡️ Final Note
I share one high-quality setup per week — remember, it’s the clarity of the setup that matters, not the outcome of a single trade.
(I also teach how to read candlestick behavior separately.)
This trade is forming on carefully marked zones and clear trends.
🔑 Key Highlights
1. 4H Resistance Zone
Price has tapped this strong resistance zone 5 times already.
The more it gets tested, the higher the probability it will break on the next attempt.
2. Entry Zone
We are not entering immediately — patience is key for high R:R setups.
Ideal entry lies between the 0.38 – 0.618 Fibonacci retracement levels.
A high-volume cluster around the 0.5 Fib level suggests that price may pull back here before gaining upward momentum.
Closely monitor this area on lower timeframes for confirmation.
3. Stop Loss (SL)
A long wick below the recent bearish candle indicates it’s unlikely price revisits that level before moving up.
This becomes our protective stop loss.
4. Target Zone
First target is the next major resistance on the 12H / Daily chart, depending on how candles close at higher timeframes.
📊 (Chart attached for reference)
⚡️ Final Note
I share one high-quality setup per week — remember, it’s the clarity of the setup that matters, not the outcome of a single trade.
(I also teach how to read candlestick behavior separately.)
Order cancelled
Finally, ADA has reached our marked Buy Entry Zone.However, yesterday’s structure invalidated this setup, as ADA has shifted from bullish to bearish.
Our new entry zone is aligned with the 4h Sell Target, so the focus now is to carefully monitor the lower timeframes (LTF) for a precise entry.
Note
we are very close to our New Entry markNote
TRADE IS ACTIVE (new entry)Note
SL moved Note
SL moved again and 50% position closed at Take Profit (1)Note
trade closed with 0.55% RRx in Profit
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.