Buying some bitcoin here at 49k, might as well dies if it goes below 45k.
Risk = Low (<5%)
Target = Multiple, escaling out. But actually, explosive parabolic movement or infinity. Stop is relativaly tight so it is very likely I get tapped out.
Fuck coinbase btw.
LOW probability trade since we've been on an obvious multi-year bearish trend, yet i'm keeping my risk low (3.9:1 trade) and longing BTC right into this bullish breaker after a market structure shift and targeting a previous high.
2:1 trade. Shorting the gbpusd into this bearish orderblock, also spotting a smt divergence between the gbpusd/eurusd and the usdx, possible target: weekly open (purple line).