BTCUSDT.P Long Idea
Good moment to catch a good RR . Risk less because it s high chance of SL but everything is aligned and it s worth giving a shot .
4h engulf above weekly open and MA's bouncing from channel's bottom gives us a good chance of bouncing from here .
If momentum holds this can go to TP2 too. Will update later I think I'll keep SL manual in case of spike
4h engulf above weekly open and MA's bouncing from channel's bottom gives us a good chance of bouncing from here .
If momentum holds this can go to TP2 too. Will update later I think I'll keep SL manual in case of spike
Trade active
I will not get fooled by the channel fakeout . We are closing inside again with a 4h engulf
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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.