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