Hey traders, hope you’re crushing it this week! 🚀 Quick note on our BTC/USD 4-hour ABC setup: the symmetry I’m talking about is purely price-based—AB and BC move roughly the same number of ticks, not the same amount of time.
So when we say “symmetry,” we mean:
A→B drop: ~3,670 ticks
B→C rally: ~3,427 ticks
That close price match gives us confidence in our PCZ at 107,600–107,300 (78.6%–100% retrace of B→C).
⚔️ Trade Plan Recap
Entry: Long between 107,300–107,600
Stop: Below 107,000 (keeps risk tight)
Targets:
Zone 1: 61.8–78.6% of B→C → 110,657–111,569
Zone 2: 127.2–161.8% extension of A→B → 114,206–116,084
Remember: look for that bullish pin-bar or engulfing candle down in our PCZ before pulling the trigger, and bail if we lose 107,000. No time-based symmetry here—just clean price alignment. Trade with structure, not emotion, and keep an eye on any macro or on-chain news for extra context. ✌️
So when we say “symmetry,” we mean:
A→B drop: ~3,670 ticks
B→C rally: ~3,427 ticks
That close price match gives us confidence in our PCZ at 107,600–107,300 (78.6%–100% retrace of B→C).
⚔️ Trade Plan Recap
Entry: Long between 107,300–107,600
Stop: Below 107,000 (keeps risk tight)
Targets:
Zone 1: 61.8–78.6% of B→C → 110,657–111,569
Zone 2: 127.2–161.8% extension of A→B → 114,206–116,084
Remember: look for that bullish pin-bar or engulfing candle down in our PCZ before pulling the trigger, and bail if we lose 107,000. No time-based symmetry here—just clean price alignment. Trade with structure, not emotion, and keep an eye on any macro or on-chain news for extra context. ✌️
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.