BTCUSD: TD Sequential Long Trade On 3 Day Chart
Analysis: Price bottoming on a TD Sequential 9 at the 200 MA
Entry: $7,620 - A green 3 moving above the green 2
Stop: $7299 - A red 1 moving below the green 2 (-4.2%)
Target: $8595 - Horizontal resistance (+12.8%)
Plan: Tighten stop loss to break-even around $7,900 (100 MA)
Risk/reward: 3
This is what the TD Sequential has been like on the 3 Day chart since 2018:
Entry: $7,620 - A green 3 moving above the green 2
Stop: $7299 - A red 1 moving below the green 2 (-4.2%)
Target: $8595 - Horizontal resistance (+12.8%)
Plan: Tighten stop loss to break-even around $7,900 (100 MA)
Risk/reward: 3
This is what the TD Sequential has been like on the 3 Day chart since 2018:
Catatan
No position taken as of yet, hence charting this on BLX chart: I'm waiting for a Daily close before entering any position on the 3 Day chart. I'd still be interested if price closed above $7620, potentially more so if price got back up there.
Order dibatalkan
Just closed the 3 Day candle on a Red 1, therefore trade cancelled. There is now a short trade below the Red 1 at $7139, thought personally wouldn't take this trade as the 200 MA is around 7k at the moment. 12hr is also on a Red 9 sequential buy.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.