Bitcoin about to retest a strong 4H support zone that will send the price higher to test again the levels around the next Ressistance and possibly breaking out higher.
The Trade Idea has 1 to 2 Risk Reward which is the gold standard in trading but sometimes it is better to take profits when you can and that is possibly around the area where the trade will reach 1:1 RR as there is another minor ressistance it will be a good opportunity to take partial profits.
Check my other Forex ideas in my profile and follow for more trade alerts.
BTCUSD BTCUSD BTCUSD
The Trade Idea has 1 to 2 Risk Reward which is the gold standard in trading but sometimes it is better to take profits when you can and that is possibly around the area where the trade will reach 1:1 RR as there is another minor ressistance it will be a good opportunity to take partial profits.
Check my other Forex ideas in my profile and follow for more trade alerts.
BTCUSD BTCUSD BTCUSD Trade active
in profitTrade closed manually
Trade closed: target reached
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.