Bitcoin has hit (Take Profit) and is continuing it's (Upside Move) as a (Trade Idea) was shared with the (Community) which was a (Buy Limit) at the price of ($61 000) and a (Take Profit) of ($64 700) the reason for this (Buy Limit Trade) is because price was (Ranging Around) at the time and didn't seem to give a clearly visible direction
So the trade took a longer time than expected as (Price) continued to be unsure before the (Bulls) stepped in and pushed price to the (Upside) and we strictly stuck to using the (1H Time Frame) but keeping the (Long Term Trend Direction) in mind as we couldn't stay in a (Range) forever nor keep (Selling), a change had to happen as this is simple (Market Structure) and (Price Action) laws
We thought the (Trade) would be a easy quick (Scalp Trade) however it ended up taking (4 Days) to reach the expected (Take Profit) of ($64 700) and didn't even come near the (Stop Loss) for now in this (Market) currently it is still (Ascending) and (Trending Up) exceeding the (TP) so it will be best to wait and see how far the (Momentum) goes before taking any further (Decisions)
⬇️ Pervious Trade Below ⬇️
So the trade took a longer time than expected as (Price) continued to be unsure before the (Bulls) stepped in and pushed price to the (Upside) and we strictly stuck to using the (1H Time Frame) but keeping the (Long Term Trend Direction) in mind as we couldn't stay in a (Range) forever nor keep (Selling), a change had to happen as this is simple (Market Structure) and (Price Action) laws
We thought the (Trade) would be a easy quick (Scalp Trade) however it ended up taking (4 Days) to reach the expected (Take Profit) of ($64 700) and didn't even come near the (Stop Loss) for now in this (Market) currently it is still (Ascending) and (Trending Up) exceeding the (TP) so it will be best to wait and see how far the (Momentum) goes before taking any further (Decisions)
⬇️ Pervious Trade Below ⬇️
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➡️ t.me/Eur_Yen ☯️
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🐲 JOIN HERE ⤵️
➡️ t.me/Eur_Yen ☯️
➡️ t.me/Eur_Yen ☯️
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.