A trader may initiate a long position in Bitcoin with a 15-minute time frame, The entry point is targeted near the 0.3 Fib level at the structure break, with an expected swing high target of $22917 and a protective stop loss set at the recent swing low of 23010. The potential reward to risk ratio is 5.
Trade Setup
Time Frame : 15 Mins Entry Fib Level: 22917$ Target : 22720 $ Stop Loss : 23010 Risk Reward : 6
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.