After a channel consodilation of GJ broken the channel on 7dec and heavily picked orders on 8dec 4hr time frame and pinbar candle wick rejection and took support at 149.500 which is strong psychological level now it headed up and break channel again now expecting this into 151.500 with a tight stops at 149.200. RiskReward of 1:2.5
Took this trade on the breakout of flag and pole pattern on 4h time frame on 26 november i have posted this but somehow or techincal issue maybe its not uploaded on ideas after breakout it took a retest from the 1.85750 and then added this position on 1 december with the stoploss at 1.85660 then the trade started and our fib level target 1.87600 got triggered...
Bitcoin Analysis Worked Well !!
Shared these trade levels on 22 OCT 2021 and after a retest of 60000 level that was clearly showing a strong support and it was round number also and the strong descending triangle breakout and then retest at 60 k level then price pushed to our target of 66000 level.
