TradingView
JoshuaMartinez
Feb 14, 2022 4:35 PM

LONG IDEA for BTC Long

Bitcoin FuturesCME GLOBEX

Description

The BTC one hour time frame is in an up trend.
The market is making higher highs and higher lows.
The market has an up Fibonacci with and extension
price point 47235. about +926 ticks away.

Entry: Counter trend line break bullish
in the buy zone.

STOP: 35185

LIMIT: 47235

As long as the market stays in the buy zone. It
will be a good idea to turn to the five minute
time frame and to look for tunnel trader long /
destination trader long ideas.
Comments
JasperSpobeck
Question. Why is the stop so far away? It seems you're risking 1.5 R for 1 r?
Junaid
gold.....?
More