Bitcoin Positive reversal
H4 BTC bullish RSI - 80-40
Positive reversal - Price higher-RSI lower
A possible trade at 19500
Stop loss - 1 range below Signal bar - 19456
Target : 20400+(19500-19100)=20800
R:R - 3.5:1
H4 BTC bullish RSI - 80-40
Positive reversal - Price higher-RSI lower
A possible trade at 19500
Stop loss - 1 range below Signal bar - 19456
Target : 20400+(19500-19100)=20800
R:R - 3.5:1
Note
Market now moved above Tanken Sen H4.Note
Market moved downside. The setup failed.It was a countertrend idea.
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.