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#analysis 17 - Structure break (MSB) and the entry at Breaker
BTCUSDT Perpetual Contract
Long
#analysis 17 - Structure break (MSB) and the entry at Breaker
By p3nchan
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Updated
Jul 1, 2022
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Jul 1, 2022
The structure break happened at ~20.4k, and now wait for it get back to the breaker for a entry. SL at around 19.9k, and TP at the 21.7k.
Jul 1, 2022
Trade active
Slightly updated SL.
Jul 1, 2022
Note
Slightly updated SL about 0.5 pip.
Jul 1, 2022
Note
Scenario 1: Going up for the liquidity pocket.
Jul 1, 2022
Note
Scenario 2: Fill the gap and continue the midterm trend
Jul 1, 2022
Note
In game. Let's see how it play.
Jul 1, 2022
Trade closed: stop reached
Price breaks. Wait for another play.
Thread closed.//
Jul 1, 2022
Note
The SL was about 1%, which is due to the main trend now is downward, not good for longs. In opposite, if it's short position, I'll do the 2% of SL.
analysis
breakout
Supply and Demand
p3nchan
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