BTC is looking bullish from the daily chart. However, on weekly, it can find support at 9900 - 9960 area.
So, can be safely longed until that zone. We should monitor the 4H close so we can enter on the retest of the structure zone.
With a 1:5 risk to reward ratio.
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
So, can be safely longed until that zone. We should monitor the 4H close so we can enter on the retest of the structure zone.
With a 1:5 risk to reward ratio.
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
Comment:
TP1 hit.
Trade closed: target reached