BTCUSDT.P Bullish idea
Last trade recap- Last trade was a dime trade. We smoked tp so super happy about that but lets move on I still learned from it.
Todays trade I'm bullish on BTC to hit recent high on the 4hr and here's why. recently we swept 4hr lows with no displacement which is good for bullish. on the 15m we see a bearish fair value gap that get disrespected. The only thing bothering me is there is a 5m fair bearish fair value gap but i entered off a 15m bullish fair value gap so I think Ill be ok. I My final tp is a 15:1 rr ratio trade which would be my biggest trade ever taken. But because its such a a stretch. I have partial takes profits up there as well. Let me know what you guys think?
Todays trade I'm bullish on BTC to hit recent high on the 4hr and here's why. recently we swept 4hr lows with no displacement which is good for bullish. on the 15m we see a bearish fair value gap that get disrespected. The only thing bothering me is there is a 5m fair bearish fair value gap but i entered off a 15m bullish fair value gap so I think Ill be ok. I My final tp is a 15:1 rr ratio trade which would be my biggest trade ever taken. But because its such a a stretch. I have partial takes profits up there as well. Let me know what you guys think?
Trade closed: stop reached
stop was hit but I'm thinking i got a bad entry and might re enter this trade because my stop was so tight it was basically a stop hunt waiting for more confluence though.
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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.