Analysis and trading plan $BTC
• Setup: Price has just broken out of the uptrend channel and the area around ~109–110 k (previous high).
• Entry: Place Buy Limit around 109,500–110,000 (retest zone).
• Stop-loss: Below support 107,800.
• Take-profit:
1. TP1 = 112,200
2. TP2 (if it continues) = 114,000
• Risk/Capital: Only use 1–2% of the account, minimum RR 1:1.
• Confirmation: Wait for a candle to retrace to support with a pin-bar or bullish engulfing on the 15–30 minute timeframe.
