TA Explained
In the daily timeframe you can see BATUSDT finished the pullback (which we successfully shorted, see related idea) in the golden pocket taking the fib on a 3D timeframe. Price bounced and is moving upwards.
Targetting top of the channel, with inbetween targets a previous top and previous top wick.
SL below previous low, mid line of the channel and fib 0.786 level. SL at 8.22% of average entry so a maximum of 24.6% loss of position is at risk following this setup.
Trade setup
Best entries: 0.2560 - 0.2445
TP1: 0.2712
TP2: 0.2917
TP3: 0.3122
SL: 0.2299
RR: 3
Max leverage: 3x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)