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Gunslinger2005
Nov 29, 2021 10:42 AM

BTC how to trade potential reversal or continuation 

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Description

If you missed previous entry on monthly camarilla pivot levels I posted. there may be a secobd chance to enter market with decent risk management. lower time frame linear regression channels are in downtrend but as you can see daily is not. and I always trust linear regression channels and cam pivots more than hand drawn channels and trendlines. so here is a potential setup on weekly levels

Entry on test of L3. targets H3. H4. H5. H6.
Stop loss L4

IF L3 is not tested. wait for H4 break and 12hour or daily close above. target H5 and H6 with stoploss at H3.
Comments
gl0bu
sheeesh bud, imagine having this many indicators on a chart and still getting it wrong.
BGMind_Control
Lul
micmuc
Hey Gunslinger, hope you're doing Ok? We all miss you here..
Happy New Year and hope you come back soon :-)
PumpyDumpy
let's see. Cheers
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