BTC - BUY Signal Break-Out Entry

Long trade opportunity exhibited in BTCUSD - H1 Time Frame


NOTE: Entry Break-Out UPDATED to a better price at 41280

Place Buy-Stop @ 41280
No Stop Loss order placed, Close if price closes below 40200(Proposed Stop Loss level is for Money Management and potential risk assessment)
Close 50% of position once Target 1 reached @ 41550
Move StopLoss to Break even @ 41280 + 50

Close 50% of remaining position once Target 2 reached @ 41750
Move Stop-Loss to Target 1 @ 41750

Kommentera:

TP1 hit already
SL was moved to TP1 +50 and got hit
posiion closed