BTCUSD long setup
Updated
this is forth touch of blue channel in last 3 weeks.
here is my setup as you see in chart above :
buy at market
sl: 10440 ( below the red channel )
tp1: 10751
tp2: 10900
tp3: 11121
* Move the stop loss to breakeven after reaching first take profit
here is my setup as you see in chart above :
buy at market
sl: 10440 ( below the red channel )
tp1: 10751
tp2: 10900
tp3: 11121
* Move the stop loss to breakeven after reaching first take profit
Trade closed: target reached
TP1 reached.you can now move sl to breakeven:
sl ~ 10600 ( some pips below the blue channel)
next tp : 10900
Trade closed: target reached
TP2 reached.you can now move sl to breakeven (first take profit):
sl ~ 10751( some pips below the blue trend line)
next tp : 11121
Trade closed: target reached
Final target reached :)good luck!
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