Bitcoin
Long
Updated

BTC USD , Looking for reversal

During the last impulse , it was clearly a motive wave structure completed all 5 ( Intermediate) and now a correction a clear A-B-C where C has completed a 5 wave structure with a reverse divergence and bullish divergence in 15 min time frame . 91600 is a good level where I am going Bullish with 91250 as SL on closing ( till the candle closes below this level ) . Not a investment advise , just a view for learning purpose .
Note
Surely it has given entry and move down up to 91420 , SL not hit given target 1:7.
Trade active
Lets have 1:7 ...
Note
So far ..so good .. lets wait
Note
What if you have seen the chart just yet .... new entry point .. new SL ... target remain same .. reward may very .....so what ... have a fix favorable risk reward and just sail along.
Note
Relax , Sit easy and enjoy the ride , I will only exit if Daily candle closes below previous day low .Not a investment advise , just a view for learning purpose .

Disclaimer