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Is this breakout holding or just a liquidity sweep? #7076

PeterPosition - 17 days ago - 1792 views

The move is interesting, but I do not want to chase after several candles in the same direction. A pullback into structure would make the plan much easier to manage.

This is close to how I am reading the chart too.
For me the key is invalidation. If price breaks structure and cannot reclaim the level, the long idea is gone and I stop trying to force it.

If the level fails, I would rather accept the idea was wrong than widen the stop.
The plan is simple: mark the Asian range, wait for London reaction, then judge whether the break has acceptance or fails back inside.

The risk side matters more than the direction call here.
Crypto can look easy when candles are expanding, but that is exactly when position size can become a problem. I prefer smaller risk and cleaner invalidation.

The risk side matters more than the direction call here.