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
Trade attivo
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.
Nota
Price is coming towards target 1. Already 1:2
Nota
Basically, my aggressive setup gave us at least 2R. This is the analysis of when to exit on the 5m chart.
Nota
After the key structure on the 5m violated, now sellers are buyers are battling.
Nota
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.
Trade chiuso: obiettivo raggiunto
Target 1 hit.Nota
Now, BTC moved between a relatively small range for the past 3 days. Both buyers and sellers are hesitated to take further actions.
Nota
Finally, break the small range area, now it's on the way to target 2. I'm actually looking for a pullback opportunity.
Trade chiuso: obiettivo raggiunto
Target 2 hit.
plan your trade and trade your plan
plan your trade and trade your plan
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