BTC USD H4 - great trade on buy side - low risk - target 7 000!

Right now is a great risk reward play to buy BTCUSD -0.54% stops near 6420-40 area, target 7000. only risk 60 dollars max, low risk trade setup. see chart. good luck, traders!

Kommentar:

guys, unfortunately on lower TF, on 120 mins price chart, just spotted a bear flag again (similar to XRPUSD).

Please don't enter this trade on buy side for now, until further notice!

Thank you, stay safe and have a nice day!

Kommentar:

don't chase on buy side now, guys.

Very likely that we shall hit 6300 before any real upside.

Please stay tuned, I will update, once we get more clarity.

My preferred scenario for right now - see below.

Kommentar:

here's this same TL on daily chart. 6400 is tagged as a minimum for BTCUSD