LBA/BTC - E2E setup
Hey all nice E2E on LBA/BTC it looks bad based on the daily candle but BTC dumped out which usually causes this to happen, 2 it gave time for the 100MA to be retested along with the kijun and tenkan.
I like the look of this, the only part that looks so so is the chikou span, but still good R/R of minimum 3R stop loss around 120sats just below the cloud you can also put it higher if risk averse at 125 but you could be whipped out easily.
Entry: 128- 131 sats
TP: 170
R = 3
SL: 120
Trade, Chart, Learn, Repeat
I like the look of this, the only part that looks so so is the chikou span, but still good R/R of minimum 3R stop loss around 120sats just below the cloud you can also put it higher if risk averse at 125 but you could be whipped out easily.
Entry: 128- 131 sats
TP: 170
R = 3
SL: 120
Trade, Chart, Learn, Repeat
Penafian
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