BTC breakout BullFlag LONG setup

2024年2月25日

Self explanatory LONG setup with stop loss near pivot low
manage trade heading into premarket
TP#1 just before pivot high, adjust stop loss after 1st target hits (or trail stop)

2024年2月25日

註釋

favoring the ending a a 5-wave sequence

we await to see what happens after
MANAGE your trade with SL, BTC is trading at very high levels were anticipating a massive correction sooner or later

2024年2月25日

註釋

Be aware, they can wick down for liquidity, so either keep the SL wide, or, put another Long order right around the lower trendline with a stop loss bit further from the pivot low

2024年2月25日

註釋

zooming in, this could just be the first move, if we do wick down, it can justify and favor the count

2024年2月25日

註釋

the bearish view is that the 5 wave sequence was already completed and the bounces have been a 1-2,1-2 bearish setup
so, recognize the importance of managing risk with SL

2024年2月26日

交易進行

✅ Target #1
played out well,
adjust SL to 51k-52k as u deem fit. keep some distance for the wave iv pullbacks, if it fails (retraces more than 0.5 the move, its invalidated and over)

2024年2月27日

手動結束交易

let the sharks figure it out in these deep waters