All green lines on the chart are equal in length. I'm using the last green line as a projection tool which estimates BTCUSD above 50k around the first week in January.
Should BTC pullback to 42k, that in my view would be an excellent area to enter with stops around 39k.
== Simply in Summary ==
Long at 42k with TP at 50k and SL at 39k would be a simple 3:1 R2R setup.
That's it - That's all
Merry Christmas and Happy New Year!
Should BTC pullback to 42k, that in my view would be an excellent area to enter with stops around 39k.
== Simply in Summary ==
Long at 42k with TP at 50k and SL at 39k would be a simple 3:1 R2R setup.
That's it - That's all
Merry Christmas and Happy New Year!
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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.