Trade Setup (Breakout Strategy)
Long Entry Plan
Entry: On 4H candle close above resistance + confirmation retest
Stop Loss: Below recent higher low (structure invalidation)
Target 1: Previous swing high
Target 2: Next liquidity zone above range
Risk/Reward: Minimum 1:2, ideally 1:3
Alternative Setup (Rejection Scenario)
❌ Short Entry Plan
Entry: If BTC forms strong rejection wick + bearish engulfing at resistance
Stop Loss: Above wick high
Target 1: Mid-range support
Target 2: Major demand zone
Risk/Reward: 1:2 minimum
🧠 Risk Management Rules
Risk only 1–2% per trade
Avoid over-leverage (especially in futures)
Wait for confirmation — no early entries
Do not chase breakout without volume
BTC
71,583.06
+0.55%