BTCUSD - Here is my setup
! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run.
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Finally BTC has reached the top of the local zone, now opportunities are opening.
- I am currently in a short position from the key Resistence - The invalidation is easier: If weekly closes 61167. My target will be again the 56-54k Region
- In case the short gets invalidated, then I would open a Long at the retest of the key level (61167) Targeting an All time high around 69-70k (All lines are in the chart, I can't see it now while I am typing it.)
Trading on the weekends can be tricky, so if you were not in any position, then I would wait for the weekly candle close (not a financial advice).
Trading level by level and Risking 1% of the account
#btc # bitcoin #technicalanalysis #chart # trading #idea
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Finally BTC has reached the top of the local zone, now opportunities are opening.
- I am currently in a short position from the key Resistence - The invalidation is easier: If weekly closes 61167. My target will be again the 56-54k Region
- In case the short gets invalidated, then I would open a Long at the retest of the key level (61167) Targeting an All time high around 69-70k (All lines are in the chart, I can't see it now while I am typing it.)
Trading on the weekends can be tricky, so if you were not in any position, then I would wait for the weekly candle close (not a financial advice).
Trading level by level and Risking 1% of the account
#btc # bitcoin #technicalanalysis #chart # trading #idea
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