🔥 PERFECT
$BTC SETUP (Step-by-Step)
🟢 Setup Name: Support Bounce with Confirmation
✅ Works best for beginners
✅ Very clean & repeatable
✅ High risk-reward when done correctly
🧩 STEP 1: Identify STRONG SUPPORT
Go to 4H timeframe
Mark a level where price bounced 2–3 times
📌 Example:
BTC Support = $42,500
👉 This means buyers are active there
🧩 STEP 2: Wait for PRICE to COME to SUPPORT
❌ Don’t chase price
✅ Let price come to YOU
Price drops slowly or with red candles
Approaches the support zone
📌 Patience here = profit later
🧩 STEP 3: Look for CONFIRMATION CANDLE
This is the MOST IMPORTANT STEP 🔥
Wait for one of these at support:
Long lower wick (rejection)
Bullish engulfing candle
Strong green candle after red ones
❌ No confirmation = NO TRADE
🧩 STEP 4: ENTRY (Very Simple)
Entry: After the confirmation candle CLOSES
Never enter mid-candle
📌 Example:
Support = $42,500
Bullish candle closes at $42,650 → Entry here
🧩 STEP 5: STOP-LOSS (Non-Negotiable 🛑)
Place SL below support
Small buffer (0.3–0.5%)
📌 Example:
Support = $42,500
Stop-loss = $42,200
💡 If SL hits → small loss, no emotion
🧩 STEP 6: TAKE PROFIT (Smart, Not Greedy)
TP at next resistance
📌 Example:
Resistance = $44,000
Risk: ~$450
Reward: ~$1,300
👉 Risk-Reward ≈ 1:3 (EXCELLENT)
🧠 STEP 7: POSITION SIZE (Secret Sauce)
Risk only 1–2% of your account
📌 Account = $100
Max loss per trade = $llosses
This keeps you alive even after losses
Trade BTC on Binance 👇
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