Bitcoin 4h long swing trade idea: Mid to Upper Channel | 240815
Hello together,
here is my idea on Bitcoin for a long swing trading opportunity:
The situation
Bitcoin moves inside a price channel markt by the white dotted lines.
We recently have seen a bounce from the lower side of the channel.
Price is consolidating at a daily support and resistance zone (white area).
The Idea
After a bounce from the lower side of a channel normally follows a move to the upper side of the channel.
If price is able to get above the current consolidation formation at this daily support and resistance zone, a continuation to the upper side of the channel is statistically likely.
The Plan
Entry: Above the B from the ABC Formation (4h timeframe; Details in my YT Video)
SL: Below the consolidation formation (ABC Pattern at the 4h timeframe)
TP: At the upper side of the channel (Risk Reward Ratio = 1.5)
More Info at my YT
BTCUSD 
here is my idea on Bitcoin for a long swing trading opportunity:
The situation
Bitcoin moves inside a price channel markt by the white dotted lines.
We recently have seen a bounce from the lower side of the channel.
Price is consolidating at a daily support and resistance zone (white area).
The Idea
After a bounce from the lower side of a channel normally follows a move to the upper side of the channel.
If price is able to get above the current consolidation formation at this daily support and resistance zone, a continuation to the upper side of the channel is statistically likely.
The Plan
Entry: Above the B from the ABC Formation (4h timeframe; Details in my YT Video)
SL: Below the consolidation formation (ABC Pattern at the 4h timeframe)
TP: At the upper side of the channel (Risk Reward Ratio = 1.5)
More Info at my YT
BTCUSD บันทึกช่วยจำ
The trade idea like drawn is not longer valid, because we have seen a lower low. Updates are coming soon. 
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน