#BTCUSDT | 1 HOUR TIMEFRAME UPDATE

Aug 16

#BTCUSDT | 1 HOUR TIMEFRAME UPDATE

Here's my precise setup for #Bitcoin: I've placed a limit order at $57,760 with a stop loss at $55,960, risking 1% of my capital on this trade.

The targets are based on risk-to-reward (RR) ratios. My first target is 1R profit, the second is 2R profit, and the third is 3R profit.

The stop loss is set at $55,960.

Aug 16

Note

entry filled.

Aug 16

Note

My #Bitcoin entry has been filled! I've set my stop loss and targets according to my setup. Now, let's see how it plays out.

Aug 16

Note

#BTCUSDT | 1 HOUR TIMEFRAME UPDATE

Aug 16

Note

#BTCUSDT | 1 HOUR TIMEFRAME UPDATE

Aug 16

Note

Finally, we hit our first target with a solid 1R profit at $59,559!

Hope you all cashed in on some nice profits! 💸

Aug 20

Note

💸#BTCUSDT | 1 HOUR TIMEFRAME UPDATE

Yesterday, I mentioned that I was still holding my #Bitcoin position for the second and third targets. Today, #BTCUSDT surged, hitting our second target at $61,348, delivering a solid 2R net gain. 🔥

I've locked in some profits at the second target, and I'm now holding the rest of my position for the third target.

Aug 23

Trade closed: target reached

Aug 23

Note

💸#BTCUSDT | 1 HOUR TIMEFRAME UPDATE

It took 7 days to hit our final target. Remember, if you’re aiming for high-reward setups, patience with your trades is key.⚡️

I've fully closed my long position on #Bitcoin and now I'm waiting to see how the price reacts to the weekly FVG between $62,737 and $63,457.