Hey Traders, we've an Intraday setup which is bullish on BTCUSD so Forex/FUTUREs Traders can take an advantage with quick wave, so, First let us understand how we plotted our Intraday Levels In accordance with our Stoploss and Target
1. L1 Purple Extension is plotted from all time High ($19900) to Recent.Lower low ($6000) - (0.382) 2. L2 Yellow Extension is plotted from H4 High - LOW - (0.786) 3. L3 White Extension from Recent Swing, (0.618)
All three extensions forms a derived area by emerging (0.382,0.786,0.618) as our Target and resistance area Bullish sentiments - 200D. MA Crossover (Candle Type - H4) Entry - CMP TP - $11370 SL - $7720
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