BTC (1-hour chart)

You didn’t take profit even after a $3,000 pullback? Now you have no idea how to enter a long position?
Those highs at the top are crystal clear, but you still can’t figure out the bottom structure—what to do?

Here’s one word for you: wait. (Don’t touch that previous high stop loss you set)

Congrats to those who took profit and exited—you got your share!
Congrats as well to those who neither took profit nor rushed in—you’re building a good habit!

That said, some money is made on luck, some on real skill. Luck counts as ability, but your luck might not be around when the next big move comes. Watching profits slip away that should’ve been yours—the fear of missing out 😱 is brutal.

So, trade based on structure, don’t just guess prices—that’s the right way…
So, what’s the structure right now?
It’s obvious that this timeframe is currently oscillating in a range. If the second dip doesn’t break the previous low, close out your shorts if you need to, or even consider going long!
But if it really breaks down? Then just wait patiently for the next structure to form—wait until the next local low on this timeframe before making a move.