I'm going long on NEARUSDT.P after spotting a clear change of character (CHoCH) on the 1-hour timeframe, confirming a shift from bearish to bullish structure.
📍 Entry: 2.678
🎯 Target: 3.135
🛡️ Stop-loss: 2.637
This setup formed at a peak formation low, with price tapping into a well-defined bullish orderblock, which acted as a strong demand zone. The CHoCH was the final confirmation for the entry, signaling smart money involvement.
This trade idea is suitable for:
🔹 Beginners – to learn how CHoCH + orderblocks provide high-probability entries
🔹 Intermediate traders – to refine entry/exit precision using market structure
🔹 Pro traders – for smart money confluence and risk-reward optimization
📈 Watching for price to respect the order block and push toward the target. RR is favorable. Manage risk accordingly!
📍 Entry: 2.678
🎯 Target: 3.135
🛡️ Stop-loss: 2.637
This setup formed at a peak formation low, with price tapping into a well-defined bullish orderblock, which acted as a strong demand zone. The CHoCH was the final confirmation for the entry, signaling smart money involvement.
This trade idea is suitable for:
🔹 Beginners – to learn how CHoCH + orderblocks provide high-probability entries
🔹 Intermediate traders – to refine entry/exit precision using market structure
🔹 Pro traders – for smart money confluence and risk-reward optimization
📈 Watching for price to respect the order block and push toward the target. RR is favorable. Manage risk accordingly!
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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.