The price finally went deep into the 4h support 4HS1 and presented an ideal opportunity to go long. That is a good support zone and therefore I have taken this long. The price may head way beyond the target. But for now we keep that as a target of this trade and we will revavluate later to continue this trade further towards 4HR1 and 4HR2. Let me know what you think in the comments.
Note
The price has reached to our target of 62.6k-63k. This concludes this trade. We see that the price has been rejected from that level. We will look for next opportunity. I will share that in the next post.
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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.