#ShareMyTrade Today I want to share my recent trading idea and execution, focusing on a short-term momentum setup in the crypto market. My approach was based on combining structure, volume behavior, and risk management rather than chasing hype. I entered the trade after identifying a clear consolidation range on the 1-hour timeframe, where price respected support multiple times and sellers failed to push lower. This signaled potential accumulation.
Entry logic: I waited for a clean breakout above the range high with increasing volume. Once the candle closed above resistance, I entered with confirmation instead of anticipating the move. This helped reduce false breakouts and emotional decisions. My entry was placed slightly above resistance to ensure strength.
Stop-loss strategy: Risk control was my priority. I placed my stop-loss just below the previous range support, where the setup would be invalidated. This kept my risk limited and clearly defined before entering the trade. I only risked a small percentage of my capital to stay disciplined.
Take-profit plan: I set multiple take-profit levels. The first target was near the previous local high to secure partial profits and reduce risk. The second target was aligned with a key resistance zone on the higher timeframe. Once TP1 was hit, I moved my stop-loss to breakeven, turning the trade into a risk-free position.
Profit and loss review: The trade played out as expected. Price reached my first target quickly, allowing me to lock in gains. The second target was later hit after a minor pullback, resulting in a solid overall profit with controlled downside.
Strategy insight: This trade reinforced the importance of patience and confirmation. Waiting for structure and volume alignment helped me avoid overtrading. Consistency, not oversized wins, is what builds long-term success.
I’ll continue refining this approach and adapting to market conditions while protecting capital first.$GT
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#ShareMyTrade Today I want to share my recent trading idea and execution, focusing on a short-term momentum setup in the crypto market. My approach was based on combining structure, volume behavior, and risk management rather than chasing hype. I entered the trade after identifying a clear consolidation range on the 1-hour timeframe, where price respected support multiple times and sellers failed to push lower. This signaled potential accumulation.
Entry logic: I waited for a clean breakout above the range high with increasing volume. Once the candle closed above resistance, I entered with confirmation instead of anticipating the move. This helped reduce false breakouts and emotional decisions. My entry was placed slightly above resistance to ensure strength.
Stop-loss strategy: Risk control was my priority. I placed my stop-loss just below the previous range support, where the setup would be invalidated. This kept my risk limited and clearly defined before entering the trade. I only risked a small percentage of my capital to stay disciplined.
Take-profit plan: I set multiple take-profit levels. The first target was near the previous local high to secure partial profits and reduce risk. The second target was aligned with a key resistance zone on the higher timeframe. Once TP1 was hit, I moved my stop-loss to breakeven, turning the trade into a risk-free position.
Profit and loss review: The trade played out as expected. Price reached my first target quickly, allowing me to lock in gains. The second target was later hit after a minor pullback, resulting in a solid overall profit with controlled downside.
Strategy insight: This trade reinforced the importance of patience and confirmation. Waiting for structure and volume alignment helped me avoid overtrading. Consistency, not oversized wins, is what builds long-term success.
I’ll continue refining this approach and adapting to market conditions while protecting capital first.$GT