Looks like FTM is very close to touching our 1H and 4H key level.
I'm going to place a limit order here for another round up. It may or may not hit the price so you can adjust it accordingly.
Entry Price: 0.6657 (You can sent the entry a little early if you can afford taking the wider SL.)
SL: 0.6566 (Manage your risk accordingly)
We will keep the same price targets:
TP1: 0.6924 TP2: 0.7149 TP3: 0.7330
This will be a risky trade and will depend on BTC's momentum. But in my opinion, I'm predicting BTC to move sideways for a few days so will just be scalping.
Let's see if the limit order hits.
Good luck and happy Trading!
Note: This is not a financial advise. Just for education and personal growth as a trader. Do your own research.
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Moved my entry early and got filled at 0.6665
I am moving my SL wider to below H4 Key Level @ 0.6510 just because I can take that much risk just to avoid any false breakouts below 1HR Key level.
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Initial entry should have hit. Use small volume to trade as BTC is still bearish imo and if it decides to make a run down, this can easily break all the supports.
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NOT LIKING THIS MOVE!
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Whoa! That was close from the initial SL, but still not liking the move 100%.
Note
Moved SL @ 0.6510
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Waiting on BTC to make any big moves. Unless you're feeling risky like me, there is still a chance to cut here at break-even :)
Trade closed: stop reached
Didn't go my way this time. Will wait for a better setup. Just a small part of profits gone from previous trade. Still green for the day.
Note: This is a brand new community, so ignore the silence in there while we grow :)
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