HELLO TRADERS, KINDLY SHARE YOUR OPINION ABOUT MY ANALYSIS 👇👇
BTCUSD, 15-minute timeframe chart
BTCUSD tested the resistance level of 85500
👉General outlook
BTCUSD has been trading in a sell market for the last couple of hours. The pair moved down to the resistance level of 85500.
👉Possible scenario
The best way to use this opportunity is to place a sell order at 85500
Set your stop loss at 86400 below the previous low ($9.00 loss for 0.01 lot) and take profit at 83600 ($19.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
ASK ANY QUESTION AND SHARE YOUR OPINION 👇👇