BTC/USD Trade Setup Analysis
Entry: 83,300
Stop Loss: 82,000 (1,300 points risk)
Take Profits:
TP1: 83,500 (+200 points)
TP2: 86,500 (+3,200 points)
TP3: 87,500 (+4,200 points)
TP4: 88,500 (+5,200 points)
Risk-Reward Analysis
Risk: 1,300 points
Reward: Varies from 200 points (TP1) to 5,200 points (TP4)
Risk-Reward Ratio (RRR):
TP1: 0.15:1 (Low)
TP2: 2.46:1 (Good)
TP3: 3.23:1 (Better)
TP4: 4:1 (Strong)
Risk Management Suggestions:
✔ Avoid over-leveraging – Since SL is 1,300 points away, manage position size wisely.
✔ Consider a trailing stop – To secure profits as price moves.
✔ Be mindful of market conditions – A strong breakout is needed to hit 86,500+ levels.
Entry: 83,300
Stop Loss: 82,000 (1,300 points risk)
Take Profits:
TP1: 83,500 (+200 points)
TP2: 86,500 (+3,200 points)
TP3: 87,500 (+4,200 points)
TP4: 88,500 (+5,200 points)
Risk-Reward Analysis
Risk: 1,300 points
Reward: Varies from 200 points (TP1) to 5,200 points (TP4)
Risk-Reward Ratio (RRR):
TP1: 0.15:1 (Low)
TP2: 2.46:1 (Good)
TP3: 3.23:1 (Better)
TP4: 4:1 (Strong)
Risk Management Suggestions:
✔ Avoid over-leveraging – Since SL is 1,300 points away, manage position size wisely.
✔ Consider a trailing stop – To secure profits as price moves.
✔ Be mindful of market conditions – A strong breakout is needed to hit 86,500+ levels.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.