Week 4 Support Resistance Idea 1: BTCUSD Plan
Plan A:
Sell Stop: 64737.6
Stop Loss: 65699.6
Take Profit: 64267.8
Plan B:
Buy Stop: 67064.3
Stop Loss: 66042.3
Take Profit: 68182.9
In this BTCUSD trade plan, we identify potential support and resistance levels for strategic entry and exit points.
Plan A suggests placing a sell stop order at 64737.6, anticipating a potential resistance level. A stop loss is set at 65699.6 to manage risk, with a take profit target at 64267.8.
Plan B proposes a buy stop order at 67064.3, aiming for a breakout above resistance. A stop loss is placed at 66042.3 to mitigate potential losses, while the take profit level is set at 68182.9.
Sell Stop: 64737.6
Stop Loss: 65699.6
Take Profit: 64267.8
Plan B:
Buy Stop: 67064.3
Stop Loss: 66042.3
Take Profit: 68182.9
In this BTCUSD trade plan, we identify potential support and resistance levels for strategic entry and exit points.
Plan A suggests placing a sell stop order at 64737.6, anticipating a potential resistance level. A stop loss is set at 65699.6 to manage risk, with a take profit target at 64267.8.
Plan B proposes a buy stop order at 67064.3, aiming for a breakout above resistance. A stop loss is placed at 66042.3 to mitigate potential losses, while the take profit level is set at 68182.9.
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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.