BTCUSD - Long / Short - LTF - Just a bit

Atualizado
One long / One short scenario


Fundamentals
-

TA
One scenario developing doenst invalidate the other including my linked BTC analysis. Would take one after another if it should develop. Be aware this one is LTF.


Scenario 1 (Green arrow)

Target
Next resistance level (upper red rectangle ). Recent swing top. Top of the current ltf range.

Requirments
- Close above 50% fib and generating a swing
- Break of the generated swing
- Enter on that break

Invalidation / SL
- Fall under 50% Fib level AND generating lower swings

Time duration
Days, weeks, months, years... ;)


Scenario 2 (red arrow)

Target
50% Fib level + former resistance

Requirments
- retake and break under resistance level (red rectangle)
- Generating a lower swing after the break
- Enter on break of generated lower swing

Invalidation / SL
- No break under resistance level
- No break of mentioned swing and second retake of resistance level

Time duration
Days, weeks, months, years... ;)


Good luck
Nota
So far price couldnt make it above the 50% Fib
Nota
Price broke above it, however the swing generated is a bit too close to my target to long on its break. So not gonna follow the long scenario as pictured because the rr wouldnt fit my criteria
Nota
The short scenario would have worked out. Sadly was asleep :D.

The idea will be closed as both levels been tested so will wait for other scenarios.
BTCUSDbtcusdlongbtcusdshortChart Patterns

Publicações relacionadas

Aviso legal