Trading Strategy
Long Setup:
Short Setup:
Scalping Opportunity:
Long Setup:
- Enter on a confirmed breakout above $77,000 with high volume. Place a stop-loss below $74,500.
- Target levels: $80,000 and $82,000.
Short Setup:
- If rejection occurs near $77,000, consider shorting with a stop-loss above the resistance. Targets could be $74,500 and $72,000.
Scalping Opportunity:
- Look for quick scalps within the channel bounds, buying near support levels and selling near resistance.
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.