BitcoinLong
BTCUSD - successful long
Hello all,
Couple of days ago BTCUSD has been consolidating in a falling wedge pattern.
On the other hand it was reaching the 4H structural support zone. There were
good odds for a successful long position. The entry was placed on the upper
limit of the structural support. SL was below this zone, and TP was placed
below the structural resistance zone. As a result, with a scale-in in between
I managed to make +15k profit with a risk to reward 1:15.
Good luck to all!
Couple of days ago BTCUSD has been consolidating in a falling wedge pattern.
On the other hand it was reaching the 4H structural support zone. There were
good odds for a successful long position. The entry was placed on the upper
limit of the structural support. SL was below this zone, and TP was placed
below the structural resistance zone. As a result, with a scale-in in between
I managed to make +15k profit with a risk to reward 1:15.
Good luck to all!
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.