Bullish setup of BTC on 1H(approaching zone)
This is a momentum play and price came back to the control low zone formed yesterday.
the entry area is my previous short entry zone, so it's sort of flip.
Trigger:
smaller TF, say 5min reversal pattern showed up
the entry area is my previous short entry zone, so it's sort of flip.
Trigger:
smaller TF, say 5min reversal pattern showed up
İşlem aktif
May get a entry here. my concern is that price didn't close above the 120 MAs(5m). So, it's a bit aggressive entry.
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Price is coming towards target 1. Already 1:2
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Basically, my aggressive setup gave us at least 2R. This is the analysis of when to exit on the 5m chart.
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After the key structure on the 5m violated, now sellers are buyers are battling.
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I'd like to watch the price movement. Although it's 5 min chart, the tactics are pretty much the same for 30m, 1h, 4h, daily and even weekly and monthly.
İşlem kapandı: hedefe ulaştı
Target 1 hit.Not
Now, BTC moved between a relatively small range for the past 3 days. Both buyers and sellers are hesitated to take further actions.
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Finally, break the small range area, now it's on the way to target 2. I'm actually looking for a pullback opportunity.
İşlem kapandı: hedefe ulaştı
Target 2 hit.
Feragatname
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