BTC/USD - Bull Flag Breakout!
Hello Future Millionaires!
Late night and have a very early morning, so this will be quick and to the point.
-Printing possible bull flag
-Measured move has confluence with strong daily resistance
-Looking for a close above the top of the flag to confirm an entry
Please leave a like! Thanks!
Let's get this crypto!
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Guide to My Charts
-The horizontal purple boxes of peace and prosperity are support/resistance 'zones'. If price pierces through one side, then it is likely to head toward the next support/resistance zone or line.
-The purple lines are support/resistance lines.
-Yellow lines are typically used to chart out pattern formations on the daily and higher time frames. Skinnier red lines may are typically smaller time frame trends (like 4H and 1H).
-The colored lines are MAs (Red: 10 simple, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Grey: 200EMA, White: 200SMA, Maroon: 377EMA.
-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.
-The Historical Volatility Percentile (HVP), RSI, and/or stochastics indicators are below the chart if displayed.
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Entry: 11765.5
Entry Zone: 11650-11827.5
T1: 11900
T2: 12000
T3: 12150
T4: 12250
T5: 12375.0
Stop: 11566.5
--
R:R: 3.06
Risk: 1.69%
Reward: 5.18%
Leverage: 15X
Leveraged Risk: 25.35%
Leveraged Reward: 77.7%
Risk Assessment: Medium
---
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my trade ideas and are intended for educational purposes only.
Late night and have a very early morning, so this will be quick and to the point.
-Printing possible bull flag
-Measured move has confluence with strong daily resistance
-Looking for a close above the top of the flag to confirm an entry
Please leave a like! Thanks!
Let's get this crypto!
---
Guide to My Charts
-The horizontal purple boxes of peace and prosperity are support/resistance 'zones'. If price pierces through one side, then it is likely to head toward the next support/resistance zone or line.
-The purple lines are support/resistance lines.
-Yellow lines are typically used to chart out pattern formations on the daily and higher time frames. Skinnier red lines may are typically smaller time frame trends (like 4H and 1H).
-The colored lines are MAs (Red: 10 simple, Yellow: 21EMA, Green: 55EMA, Blue: 89EMA, Grey: 200EMA, White: 200SMA, Maroon: 377EMA.
-Horizontal white and green lines may be Fibonacci levels. The 0.382 and the 0.618 Fibs are green and the rest are white.
-The Historical Volatility Percentile (HVP), RSI, and/or stochastics indicators are below the chart if displayed.
---
Entry: 11765.5
Entry Zone: 11650-11827.5
T1: 11900
T2: 12000
T3: 12150
T4: 12250
T5: 12375.0
Stop: 11566.5
--
R:R: 3.06
Risk: 1.69%
Reward: 5.18%
Leverage: 15X
Leveraged Risk: 25.35%
Leveraged Reward: 77.7%
Risk Assessment: Medium
---
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my trade ideas and are intended for educational purposes only.
Nota
T1: 11900 - HIT!!! (17.15% Gain)Nota
Sometimes plans to not roll out the way you had hoped. That said, further evaluation can always be done!Our last post is looking quite nice!!! Enjoy the profits!
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.