BTCUSD: High Reward To Risk Setup
Welcome everyone to this new trading idea!
I hope everyone is enjoying their Saturday and as im analyzing my charts, i found this beauty on BTCUSD.
I got in cryptos quite a few weeks ago and since then, im making good profits from them! I mainly focus on Bitcoin for now, but lets see how far we can go!
As far as i can speak from experience i think technical analysis, the way i use, works even better for now on BTC than on fiat currencies. What do you think about the difference between cryptos and normal currencies?
Back to business: Im looking for longs around the two horizontal lines and with a risk to reward of over seven this is a great setup for the weekend!
I will keep you guys updated in the comment section and wishing you a great rest of the weekend!
I hope everyone is enjoying their Saturday and as im analyzing my charts, i found this beauty on BTCUSD.
I got in cryptos quite a few weeks ago and since then, im making good profits from them! I mainly focus on Bitcoin for now, but lets see how far we can go!
As far as i can speak from experience i think technical analysis, the way i use, works even better for now on BTC than on fiat currencies. What do you think about the difference between cryptos and normal currencies?
Back to business: Im looking for longs around the two horizontal lines and with a risk to reward of over seven this is a great setup for the weekend!
I will keep you guys updated in the comment section and wishing you a great rest of the weekend!
Trade active
Price spiked down into area and is creating bullish momentum.Note
Adjusting risk and putting SL at BE.Note
WOW! I really like to trade cryptos and i honestly think price action works even better here.Trade closed: target reached
TARGET HIT! What a beautiful trade!
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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.
Related publications
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.