Trade setup for cryptocurrency "MyniHorn" created from ICT method

in hive-108451 •  9 months ago 

Concise Summary of Trading System: MyniHorn

Direction: Align your trades with Bitcoin (BTC) trend:

Up Trend: Long Altcoins (buy low, sell high)
Down Trend: Short Altcoins (sell high, buy low)
Entry Levels:

Mark H12/Swing Highs & Lows: Zones for potential entries.
Use Fibonacci (0.618, 0.705, 0.786): Identify Optimal Trade Entry (OTE) zones.
Longs: Bullish H12 Order Block within OTE zones.
Shorts: Bearish H12 Order Block within OTE zones.
Additional Filter: H4 & H1 Fair Value Gaps (FVG) within H12 Order Block zones.
Trigger: Wait for price action to reach identified zones.

Confirmation: When BTC signals bullish pullback, enter marked Altcoin zones.

Additional Tools:

For H1 FVG or Swing Lows: Use M5 Unicorn model for confirmation.
For H4 FVG or Swing Lows: Use M15 Unicorn model for confirmation.

Disclaimer: This information is for educational purposes only and should not be considered financial advice. Always conduct your own research and due diligence before making any trading decisions.

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