stannieb

Looking for long entry's: Bulls targeting $66.000 & higher?

Long
stannieb Updated   
BITFINEX:BTCUSD   Bitcoin
In the idea posted earlier (link below), I shared a long entry. Now i'm looking for a second long entry!

Price broke the (short term) bearish market structure (correction). What's next?
Price succeed to make a higher high. What means: We are looking for longs

IF we see a pullback:
The entry should be safe around the $56.000 region.

I placed some take profit orders around $66.000 & $72.000

Thank you for checking in!
Do you have tips or other comments? Tell me please! I'm open for feedback!
Comment:
There it is, the push higher towards the 1H orderblock. Now we patiently wait. That's all we have to do :)
I also added a grey block (just below the stoploss). That zone is for me a potential fishing zone. If price reaches that box, i will make a long entry with 0.5% risk.

Trade active

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.