Bitcoin Buy Signal (1H)
Updated
BTCUSDT As we knew before that when IDMs got grabbed,
after getting a SCOB on our structure time frame,
or wait for a ChoCh on the lower time frame (which now the LTF is 5 mins chart),
we can get into the position (which here is a Buy Position).
And now we had a ChoCh on the 5 mins time frame on Bitcoin which allows us to open a Buy Position.
P.S: Money & Risk Management is Crucial, Because nothing's certain in the market. :)
I will update Bitcoin regularly,
Follow me on TradingView for more.
Happy trading..
Cheers,
Aurio
Note
Target 2 (Reward 2) has been achieved. Congrats..
If you go to 5 mins #BTCusdt chart, you will see after a ChoCh of first Swing,
the price has come back to its EX and there where we got into the buy position.
Our final target was on 6.2 reward, but we have risk & money management, which means every reward that has been achieved leads to saving some profits.
Cheers,
Aurio
Trade closed: target reached
Update: Reward 2 Achieved. :)
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