Is it a valid long entry ?

27 avr. 2022

Hello Traders, hope you made some decent money this week !

• We have 2 Bullish regular divergences at the TF of 4H.
  
  BTC has reached the bottom of it's channel which he has been ranging since 6 of April.
  
  BTC is at is weekly support right now.
  

So is it a valid entry ?

My humble answer is we need to see a Hidden div at the 1H TF or the 30 TF with a stochastic rsi blue line crossing the red line.

This analysis dosen't reflect on the markets situations.
Definetly also not a financial advice or trade signal.

If you want to see more of my ideas follow me. Thank you, Have a profitable one !

27 avr. 2022

Transaction en cours

LONG
_____________
Entry : 39220
SL : 39K
TP will be updated market is uncertain so far !

27 avr. 2022

Trade fermée: ordre d’arrêt atteint

When the trade advanced 0,5% I advanced my SL and got hit

27 avr. 2022

Transaction en cours

Long again !
entry 39,000 - 39,200

28 avr. 2022

Trade fermée: cible de profit atteinte

Took 50% profit at 40k advancing my SL to 39,400 and my 2nd TP at 41,400

1 mai 2022

Trade fermée: ordre d’arrêt atteint

Advanced my SL to my entry and got hit !