This is a Bitcoin (BTC/USD) trading chart from TradingView, showing a planned long (buy) trade setup on the 2-hour timeframe.
Here’s the breakdown:
Entry Point: Around 81,470
Stop Loss: 80,300 — marked in red, to limit losses if the trade goes against the plan.
Take Profit Levels:
Take Profit 1: ~82,000
Take Profit 2: ~83,200
Last Target: 84,000 — the final target if the price rallies strongly.