Updated

BTC Trading plan - Mar13

Hi guys, this is my drawing for the upcoming BTC movements and also entry positions

Green arrows = Considering LONG
Red arrows = Considering SHORT

I have taken major support/resistance lines in consideration as well with ichimoku on the 4h timeframe...

We can also notice a possible Bear flag forming which could be confirmed if 10.050 level is not broken

If confirmed my target would be at 8000 if 8400 broken...

Good Luck, dont chase trades, wait for clear entries..

Note

Orders filled:
SHORT @ 8925
Target 1 : 8625 (I will observe if it holds)
Target 2 8500

Note

Strong support area, consider moving your stop to a positive point in case we bounce... If we dont break this level we me go up to 9k again. for the third time

Note

Observe if our scenario is 1 or 2

Note

Looks like we chose path number 1
I have 8100 as target

Trade closed: target reached

I might consider this trade as closed... 8100 is our max Target and it seems that we might go sideways around 8200... I am staying out for a bit, observing!

If you havent entered the market yet, this is a NO ENTRY ZONE. More opportunities to come.

Had all primary targets reached, if you followed this chart, please comment below how did you do and share your ideas!

Good luck everyone

Comment: Orders filled:
SHORT @ 8925
Target 1 : 8625 (I will observe if it holds)
Target 2 8500

MesattoCapital

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