This setup highlights a potential breakout trade on the BTCUSDT perpetual contract, based on clear price action and chart patterns:
• Morning Star Pattern: A strong bullish reversal signal formed at the recent low, suggesting the possibility of an upward move.
• Accumulation/Distribution Zone: Price has consolidated within a well-defined range, indicating accumulation or distribution and foreshadowing a significant move.
Breakout Entry:
• Long Position: Enter on a confirmed breakout above the range, targeting a minimum risk-reward ratio of 1:2. The exit aligns with the upper liquidation levels.
• Short Position: Enter if price breaks down below the range, also with a 1:2 risk-reward ratio. The exit coincides with the lower liquidation levels.
Key Levels:
• Long Trigger: Break above 108,544.4 USDT.
• Short Trigger: Break below 107,233.4 USDT.
Risk Management: Both entries are structured with clear stop-loss and take-profit levels, ensuring disciplined trade management.
This setup is ideal for traders watching for volatility expansion after a period of sideways price action, with well-defined risk and reward parameters.
• Morning Star Pattern: A strong bullish reversal signal formed at the recent low, suggesting the possibility of an upward move.
• Accumulation/Distribution Zone: Price has consolidated within a well-defined range, indicating accumulation or distribution and foreshadowing a significant move.
Breakout Entry:
• Long Position: Enter on a confirmed breakout above the range, targeting a minimum risk-reward ratio of 1:2. The exit aligns with the upper liquidation levels.
• Short Position: Enter if price breaks down below the range, also with a 1:2 risk-reward ratio. The exit coincides with the lower liquidation levels.
Key Levels:
• Long Trigger: Break above 108,544.4 USDT.
• Short Trigger: Break below 107,233.4 USDT.
Risk Management: Both entries are structured with clear stop-loss and take-profit levels, ensuring disciplined trade management.
This setup is ideal for traders watching for volatility expansion after a period of sideways price action, with well-defined risk and reward parameters.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.