BTC Long Idea @ 48720

Trying to catth wave 4 in red:
Limit @ 48780
SL @ 47980
T1 @ 49310
T2 @ 51400
Risk 1%

Trade active:

T1 updated to 49165

Comment:

T1 Reached.
Sl remaining position moved to 48420.
Trade is risk free.

Trade closed: stop reached:

Stopped out. Trade almost BE. It looks like a 5 waves down. Potential 535 ABC targeting lower. We will buy again at lower levels if this scenario will take place.