BTCUSD, 15-minute timeframe chart
BTCUSD broke the resistance level of 67,200.00
👉Level explanation
BTCUSD has been trading in a bullish trend for the last couple of hours.
👉Possible scenario
The best way to use this opportunity is to place a Buy order at 67,293.67.
Set your stop loss at 66,253.27 below the previous low ($10.40 loss for 0.01 lot) and take profit at 68,609.33 ($13.15 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.26.
The upcoming news will not influence your orders within the mentioned period.
BTCUSD broke the resistance level of 67,200.00
👉Level explanation
BTCUSD has been trading in a bullish trend for the last couple of hours.
👉Possible scenario
The best way to use this opportunity is to place a Buy order at 67,293.67.
Set your stop loss at 66,253.27 below the previous low ($10.40 loss for 0.01 lot) and take profit at 68,609.33 ($13.15 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.26.
The upcoming news will not influence your orders within the mentioned period.