4Hr TF observation
Sellside trade
Sat 11th Jan
2.30 (GMT)
Pair BTCPERP
NY to Tokyo Session AM
Entry 94267.0
Profit level 93491.0
Stop level 94464.0
RR 3.94
Sellside delivery: The price action on the 5-minute TF seemed indicative of a sell-side trade based on the supply-demand narrative. I assume the price will retrace to the demand level (highlighted green) before CHoch to the upside.
Note
Sellside trade Fri 10th Jan
9.10 pm (NY time)
Pair BTCPERP
NY to Tokyo Session AM
Entry 94267.0
Profit level 93491.0 (0.53%)
Stop level 94464.0 (0.21%)
RR 3.94
Target reached
Fri 10th - (11.40 pm)
Trade duration 2 hours, 30 minutes
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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.