Bitcoin
Long
Updated

"Bitcoin (BTCUSD) Breakout Trade Setup – Triangle Pattern"

106
This chart appears to be a Bitcoin (BTCUSD) setup with a descending triangle pattern that has broken out. The trade setup suggests a long position with a risk/reward ratio of 1.37.

Key details:

Entry: Around $95,888

Target: $100,000+ (Approx. 4.37% move)

Stop Loss: Around $92,800 (Approx. 3.18% move)

Risk/Reward Ratio: 1.37


It looks like a breakout strategy aiming for a bullish move. Let me know if you need further analysis or adjustments for risk management!
Trade closed: target reached
TARGET HIT

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