BTCUSD, 15-minute timeframe chart
BTCUSD retested the resistance level of 94000
👉General outlook
BTCUSD has been trading in a sideways market for the last couple of hours. The pair moved down to the resistance level of 94000.
👉Possible scenario
The best way to use this opportunity is to place a sell order at 94000
Set your stop loss at 94800 below the previous low ($8.00 loss for 0.01 lot) and take profit at 91800 ($22.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
BTCUSD retested the resistance level of 94000
👉General outlook
BTCUSD has been trading in a sideways market for the last couple of hours. The pair moved down to the resistance level of 94000.
👉Possible scenario
The best way to use this opportunity is to place a sell order at 94000
Set your stop loss at 94800 below the previous low ($8.00 loss for 0.01 lot) and take profit at 91800 ($22.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 Live Trading Alerts | Fast Market Updates
t.me/uktradercom
💸 Crypto | Forex | Indices
t.me/uktradercom
🧠 Learn While You Earn
t.me/uktradercom
📈 Follow the Smart Money
t.me/uktradercom
💸 Crypto | Forex | Indices
t.me/uktradercom
🧠 Learn While You Earn
t.me/uktradercom
📈 Follow the Smart Money
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.