Dear Tradingview family,
Symbol: #BTC_USDT
Strategy: #Symmertical_Triangle #Trend_Continuationl #Trendline #Support_Resistance
Indicators: #Price_Action. #Chart_patterns #Symmertical_Triangle, #Trendline #Support_Resistance #RSI #RichTL
Anchor Time: 4 Hours
Trading Time Frame: 1 Hours.
Trade Call Type: #LONG.
2 STEPS ENTRY:
ENTRY 1 (HIGH RISK HIGH REWARD)
Order Type: BUY LIMIT
Entry: BUY Limit when Price touch Lower Trendline of #Symmertical_Triangle_Pattern.
Entry price: 27726.32
Take Profit: 29641.81
Stop Loss: 25144
RRR- 1:7.62
RISK ONLY 0.5% of your Account Balance
ENTRY 2
Order Type: BUY STOP
Entry: LONG on break of previous LH after successful break out of #Symmertical_Triangle
Entry price: 28556.83
Take Profit: 29641.81
Stop Loss: 25144
RRR- 1:1
RISK ONLY 0.5% of your Account Balance
Methodology:
As a professional and experienced forex, crypto and stocks trader, I will be using a rigorous methodology that involves analyzing the price action and key levels and using a combination of indicators, harmonic chart patterns and chart patterns. I will be looking for potential trendlines , support & resistance levels where the price action may reverse and using our indicators to confirm the validity of our analysis. Based on my analysis, I will then determine the optimal entry and exit points for our trade, as well as the appropriate stop loss level to manage risk.
Conclusion:
Based on our analysis, I believe that there is a potential trading opportunity for a LONG trade.
Risk Assessment:
Conservative Traders risk 0.5% to 1.5%, moderator traders risk 1.6% to 3.5% and aggressive traders risk 3.6% to 5% of their account per trade.
Please use Position size calculator to calculate your risk per trade.
Overall, I believe this setup has a good chance of success based on the technical analysis , but as always, it's important to monitor the price action closely and adjust the trade if necessary based on new information.
Symbol: #BTC_USDT
Strategy: #Symmertical_Triangle #Trend_Continuationl #Trendline #Support_Resistance
Indicators: #Price_Action. #Chart_patterns #Symmertical_Triangle, #Trendline #Support_Resistance #RSI #RichTL
Anchor Time: 4 Hours
Trading Time Frame: 1 Hours.
Trade Call Type: #LONG.
2 STEPS ENTRY:
ENTRY 1 (HIGH RISK HIGH REWARD)
Order Type: BUY LIMIT
Entry: BUY Limit when Price touch Lower Trendline of #Symmertical_Triangle_Pattern.
Entry price: 27726.32
Take Profit: 29641.81
Stop Loss: 25144
RRR- 1:7.62
RISK ONLY 0.5% of your Account Balance
ENTRY 2
Order Type: BUY STOP
Entry: LONG on break of previous LH after successful break out of #Symmertical_Triangle
Entry price: 28556.83
Take Profit: 29641.81
Stop Loss: 25144
RRR- 1:1
RISK ONLY 0.5% of your Account Balance
Methodology:
As a professional and experienced forex, crypto and stocks trader, I will be using a rigorous methodology that involves analyzing the price action and key levels and using a combination of indicators, harmonic chart patterns and chart patterns. I will be looking for potential trendlines , support & resistance levels where the price action may reverse and using our indicators to confirm the validity of our analysis. Based on my analysis, I will then determine the optimal entry and exit points for our trade, as well as the appropriate stop loss level to manage risk.
Conclusion:
Based on our analysis, I believe that there is a potential trading opportunity for a LONG trade.
Risk Assessment:
Conservative Traders risk 0.5% to 1.5%, moderator traders risk 1.6% to 3.5% and aggressive traders risk 3.6% to 5% of their account per trade.
Please use Position size calculator to calculate your risk per trade.
Overall, I believe this setup has a good chance of success based on the technical analysis , but as always, it's important to monitor the price action closely and adjust the trade if necessary based on new information.
"London-Based Trader | Certified Technical Analyst | Intraday & Scalping Specialist 📈📊 #Forex #Commodities #Indices #Crypto"
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.
"London-Based Trader | Certified Technical Analyst | Intraday & Scalping Specialist 📈📊 #Forex #Commodities #Indices #Crypto"
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.