Bitcoin range trading long

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Bitcoin range trading longBitcoin / U.S. dollarBITSTAMP:BTCUSDpizzaeaterrrz- Market condition? Ranging market. Pressure is slightly bearish Lower highs forming after the drop from 74k Every bounce gets sold faster Failed attempts to reclaim ~71–72k breakdown support at 0.786 buy failed breakdowns - idea liquidity sweep long * sweep below 0.786 * reclaim * go long “trap → reversal” trade Once you see: sweep below range low ✅ reclaim 0.786 ✅ failure to expand ❌ That’s actually a short signal, not a long Because: The reclaim failed → it was a trap, not strength therefore action to do: wait for price to break range 0.89-0.786 -Interesting area blue arrow, “people think the bounce is happening… then get trapped” harvesting conviction - Important price? 0.786 support 0.5 resistance - Liquidity likely sitting? 0.382 FVG Above 0.5 = liquidity (shorts trapped) Below 0.786 = liquidity (stops) 1 range low - Signal to enter rejection + shift in control - TP 0.5 - SL Below 1 Not tight Instead: Wait for confirmation Enter AFTER sweep + reclaim Stop can still be relatively tight, sweep low ~0.89 - How much risk do I take? 3% 3% risk in a choppy range? That’s aggressive. In this environment: win rate is lower noise is higher Better: 1–1.5% risk Size up only when: clean breakout strong trend