Looking to take a swing trade on BTC/USD
Entry is at a daily support level - Wick Entry
I have placed stops below the average area of liquidity grabs.
I do not expect price to break through 64741.5 before breaking the highs.
Partials points and breakeven point are shown on the chart.
This trade is based off the daily charts
1:2 RR
Confirmations
1. Weekly strong bearish
2. Daily tapped into resistance and rejected hard.
3. Average area of liquidty grab is 64741
4. News is releasing news on BTC driving the greed up (More investors = price go up)
Entry is at a daily support level - Wick Entry
I have placed stops below the average area of liquidity grabs.
I do not expect price to break through 64741.5 before breaking the highs.
Partials points and breakeven point are shown on the chart.
This trade is based off the daily charts
1:2 RR
Confirmations
1. Weekly strong bearish
2. Daily tapped into resistance and rejected hard.
3. Average area of liquidty grab is 64741
4. News is releasing news on BTC driving the greed up (More investors = price go up)
