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Today’s report will include:

• Snipping Price Action Strategy

• Liquidity Hunt Concept

• Trading Psychology

• Trading Tools

How to Snipe Bitcoin and Alts-coins

Snipping entries is an art form compromised by multiple technical factors combined with herd mentality exploitation. The strategy creates the ability of catching wicks on a consistent bases when executed properly.

Sniper Entry Criteria ✍️ 

• Multiple Technical Confluences at Trade Locations

• Key Swing Low aka Reference Point

• Engulfing Price Action Confirmation

The trade location needs a minimum of three technical confluences, this increases the probability of a reaction once price tests the region. It is important to note, the more the confluence the greater the probability of a reaction.

Once price action reaches the trade location, it needs to consolidate on the lower time-frames. This is needed to build up liquidity that will be exploited later. A reference point will naturally occur here, this is the most obvious swing low (swing high for short trades**)

Execution of the strategy is very simple, taking out the most obvious swing low, this will trigger stop losses that have accumulated by the build up of liquidity. The Snipe will be taken at a technical indicator, in this case the .618 Fibonacci which was pretty much the absolute low ✍️ 

Back test the strategy for a deeper understanding ✍️ 

Trading Tools ⚒️ 🔧 

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X Segment 📰 🗞️ 

Trading Psychology  🧠 

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