p3nchan

#analysis 17 - Structure break (MSB) and the entry at Breaker

Long
p3nchan Mis à jour   
BYBIT:BTCUSDT   BTCUSDT SPOT
The structure break happened at ~20.4k, and now wait for it get back to the breaker for a entry. SL at around 19.9k, and TP at the 21.7k.
Transaction en cours:
Slightly updated SL.
Commentaire:
Slightly updated SL about 0.5 pip.
Commentaire:
Scenario 1: Going up for the liquidity pocket.
Commentaire:
Scenario 2: Fill the gap and continue the midterm trend
Commentaire:
In game. Let's see how it play.
Trade fermée: ordre d’arrêt atteint:
Price breaks. Wait for another play.
Thread closed.//
Commentaire:
The SL was about 1%, which is due to the main trend now is downward, not good for longs. In opposite, if it's short position, I'll do the 2% of SL.

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