Long in BTCUSD

26 set

BTCUSD

Consider entering a long position once the price breaks above the high of the green candle, indicating a potential upward momentum. Place the stop loss (SL) at the recent swing low for risk management.

Target Levels:

Target 1: 63,927
Target 2: 64,749

This trade setup aligns with the breakout from a falling wedge pattern, which is a bullish reversal formation. The price consolidates within the wedge, and a breakout above the upper trendline suggests the potential for a sustained upward move.

Disclaimer:
This is for educational purposes only and not financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always perform your own analysis or consult a financial advisor before entering any trades.

26 set

Nota

Nearing target 1. Hence trail your SL

26 set

Nota

Target 1 reached. Safe trader can exit and rest can trail with CTC

26 set

Nota

Was very close to target 2. Hence move your trailing stop loss to 64,287.

26 set

Trade chiuso: obiettivo raggiunto

TSL hit. Hence this trade is successfully closed