15min
Buyside trade 1
Pair BTCUSDT
Tokyo Session PM
Mon 30th Dec 24
5.00 pm
Entry 92437.9
Profit level 99899.3 (8.07%)
Stop level 91750.6 (0.74%)
RR 10.86
Reason: I assumed BTC had reached a pivotal demand zone on December 30th, 2024, as well as making a lower low since the 20th of December 2024 (look left) the current price action reflected in it seemed indicative of a buy-side trade. Target 100k for ultimate risk to reward following the narrative and seeing directional bias continuation to the upside.
Trade active
Stop level moved (5.41%)
Trade closed: target reached
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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.