BTCUSDT Long Position unto 31500+ Area
Harmonic Pattern Gartley on 1 hour timeframe on BTCUSDT.
Entry: 29683.4(on the new 2 hr bullish order block)
SL: 29289.8 ( In this trade I prefer a tight stop loss and just reenter if ever there's sign of bullish when bounced in 29000 area, can be adjusted to 29000 depending on your risk management.)
TARGET 1: 30379.1
TARGET 2: 30889.3
TARGET 3: 31627.9
TP 50% to TARGET 1 then move SL to entry to avoid loss.
There's still imbalance(POI) on TARGET 2 price is probably might try to grab liquidity there.
Let me know in the comments what you think.
Entry: 29683.4(on the new 2 hr bullish order block)
SL: 29289.8 ( In this trade I prefer a tight stop loss and just reenter if ever there's sign of bullish when bounced in 29000 area, can be adjusted to 29000 depending on your risk management.)
TARGET 1: 30379.1
TARGET 2: 30889.3
TARGET 3: 31627.9
TP 50% to TARGET 1 then move SL to entry to avoid loss.
There's still imbalance(POI) on TARGET 2 price is probably might try to grab liquidity there.
Let me know in the comments what you think.
Trade active
Cancelled first entry as tight stop loss reached.Reentered at 29220 with SL 28000
Trade closed manually
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.