BTCUSD ROUTE MAP
The price has reached an all time high (ATH), setting a new record. After hitting this peak, the price then pulled back and found support, where it experienced a strong rejection and is now starting to rise again. This upward movement indicates a potential continuation of the bullish trend. However, I am closely monitoring the resistance level, where I believe there may be an opportunity to sell. As the price approaches this level, I anticipate a potential reversal or consolidation, making it an ideal time to look for a selling opportunity. This analysis is based on Smart Money Concepts (SMC) and price action principles.
Time Frame: 1H
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
#BTCUSD 1H Technical Analyze Expected Move.
Time Frame: 1H
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
#BTCUSD 1H Technical Analyze Expected Move.
Trade active
Trade Active.Note
Trade Active.Trade closed: target reached
Trade Close.
Market price successfully hit our take profit. Trade close target reached.
Note
Trade Close.
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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.