Trade Idea #42 - $BTCUSD - 1HR OUTLOOK
Updated
I prefer a long bias and would consider holding any strong volume breakout.
Will be ready to LONG or SHORT for a short-term trade. For now this is just a trend/channel trade.
Reasons/Notes
Always use correct position sizing. Good Luck.
Will be ready to LONG or SHORT for a short-term trade. For now this is just a trend/channel trade.
Reasons/Notes
- 100MA Incoming
- Consolidation atm
- Uptrend
- Could be a failed rally on larger time-frames.
Always use correct position sizing. Good Luck.
Trade active
Wow that was quick. Trade entered near 420.Note
Stop placed at break-even. First targets near 450. Failed rally still possible on larger frames.Trade closed: target reached
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.