BTC Trading Diaries: 1H Trading the Trend
Mis à jour
Starting this series mostly for myself to reflect on - but welcome other's comments as well.
BTCUSDTPERP
Double ABCD pattern can be seen forming on the 1H chart. End of ABCD corresponds with previous strong demand zone.
RSI breaking under 50 showing momentum in favour of sellers.
Looking to enter on the retracement: We enter just before previous supply zone, shown by the box.
Stop loss - 4000 pips; Profit level - 8000 pips (We don't take a trade if at least 2:1 ratio cannot be achieved)
BTCUSDTPERPDouble ABCD pattern can be seen forming on the 1H chart. End of ABCD corresponds with previous strong demand zone.
RSI breaking under 50 showing momentum in favour of sellers.
Looking to enter on the retracement: We enter just before previous supply zone, shown by the box.
Stop loss - 4000 pips; Profit level - 8000 pips (We don't take a trade if at least 2:1 ratio cannot be achieved)
Trade fermée: ordre d’arrêt atteint
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.