1D:
The Bitcoin is in Trading Range (TR) for 4 months.
When we are in TR the probability for breakout (BO) beyond TR Up or Down is only 20%
In Trading Range we should Buy Low, Sell High (BLSH)
Right now Bitcoin in Low Buy Zone.
Trading Idea:
Buy with stop order above bull bar at 20.554
Place protective stop order beyond the reversal below Trading Range at 18.287
I want to swing position for risk/reward 1/2 with Take Profit at 25.110, but in case of market uncertainty 1/1 also will be good at 22.800.
Right now probability to get to the High zone 23.000-25.000 is slightly higher
than get to the zone outside of Trading Range 18.000-18500
The Bitcoin is in Trading Range (TR) for 4 months.
When we are in TR the probability for breakout (BO) beyond TR Up or Down is only 20%
In Trading Range we should Buy Low, Sell High (BLSH)
Right now Bitcoin in Low Buy Zone.
Trading Idea:
Buy with stop order above bull bar at 20.554
Place protective stop order beyond the reversal below Trading Range at 18.287
I want to swing position for risk/reward 1/2 with Take Profit at 25.110, but in case of market uncertainty 1/1 also will be good at 22.800.
Right now probability to get to the High zone 23.000-25.000 is slightly higher
than get to the zone outside of Trading Range 18.000-18500
Trade fermée: ordre d’arrêt atteint
nevertheless, i still believe that we will ho higher
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.