ARBUSDT_1D Trading Idea
This analysis focuses on ARBUSDT on the 1-Day Timeframe, highlighting potential buy opportunities and key levels to watch.
🔹 Market Overview
Currently, the market is in an uptrend, but it is undergoing a correction wave. This presents an opportunity to prepare for a potential entry during the retracement phase.
🔹 Key Buy Zone
The identified Buy Zone lies between 0.618 - 0.47, which is an ideal area to look for buying opportunities. Traders can wait for confirmations in this zone before entering positions.
🔹 Why This Zone is Significant
This Buy Zone aligns with several technical factors that strengthen its reliability:
1. Fibonacci Discount & Golden Pocket: A high-probability reversal area.
2. Strong Volume (NPOC Level): Indicates buyer interest at this price level.
3. Daily & Weekly Support: Provides a solid foundation for price action.
4. Daily Quasimodo (QM): Adds further confluence for potential reversals.
🔹 Additional Confirmations
On lower timeframes, look for:
Break of Structure (BOS): A sign of a bullish shift in momentum.
Regular Divergence: Confirms potential strength in the reversal.
Combine these signals with your analysis to strengthen your confidence in taking a position.
🔹 Targets and Risk Management
Target Level: 1.244 – This is the expected upside potential.
Invalidation Level: 0.399 – If the price falls below this level, the trade setup is invalidated.
🔹 Important Reminder
If you decide to enter this trade, risk management is essential. Always define your stop-loss and position size to limit potential losses.
Plan your trades carefully and let the market confirm your analysis before entering!