BTCUSD Analysis Forecast (1-hour time frame)
I've identified a potential trading opportunity using various technical analysis tools:
Trend Line: Highlights the market trend.
Resistance Area: Potential reversal zone.
Support Area: Strong level for potential bullish pressure.
Change of Character (CHOCH): Highlights market direction changes.
Break of Structure (BOS): Indicates continuing trend breaks.
Sell Side Liquidity (SSL): Highlights market liquidity where candle wicks sweep.
Trade Setup
Bullish Entry Positions: 93,000, 92,300
Targets: 95,700, 97,800
Stop Loss: 91,500 (for safety)
What do you think about this analysis? Share your insights in the comments below!
I've identified a potential trading opportunity using various technical analysis tools:
Trend Line: Highlights the market trend.
Resistance Area: Potential reversal zone.
Support Area: Strong level for potential bullish pressure.
Change of Character (CHOCH): Highlights market direction changes.
Break of Structure (BOS): Indicates continuing trend breaks.
Sell Side Liquidity (SSL): Highlights market liquidity where candle wicks sweep.
Trade Setup
Bullish Entry Positions: 93,000, 92,300
Targets: 95,700, 97,800
Stop Loss: 91,500 (for safety)
What do you think about this analysis? Share your insights in the comments below!
Trade active
Use proper risk management. Trade closed: target reached
Thanks for support.
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.
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.