BTC - BUY Signal Break-Out Entry
Updated
BTCUSDLong trade opportunity exhibited in BTCUSD - H1 Time Frame
Place Buy-Stop @ 41420
No Stop Loss order placed, Close if price closes below 40200(Proposed Stop Loss level is for Money Management and potential risk assessment)
Close 50% of position once Target 1 reached @ 41550
Move StopLoss to Break even @ 41400 + 50
Close 50% of remaining position once Target 2 reached @ 41750
Move Stop-Loss to Target 1 @ 41750
Order cancelled
Same Setup updated with a better Entry Point
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.