Example 2: Breakout Trade (Short Trade)

Situation: BTCUSD.P price breaks below a key support level on the 4-hour timeframe.

Enter: 83,800

TP: 82,800

SL: 84,300

RRR: 2:1

Explanation: Enter when the price breaks support, indicating strong selling pressure. Set targets and stop loss based on support and resistance.

Notes:

* These setups are examples and may need adjustment based on real-time market conditions.

* RRR stands for Reward to Risk Ratio, reflecting the ratio of expected return to acceptable risk.

* Prioritize risk management and use appropriate lot sizes.

Disclaimer: Trading involves risk. Investors should conduct thorough research and exercise prudent judgment.

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Example 3: Pullback Trade (Short Trade)

Situation: BTCUSD.P price pulls back to the EMA 50 on the 4-hour timeframe and a reversal signal occurs.

Enter: 84,200

TP: 83,200

SL: 84,700

RRR: 2:1

Explanation: Use the EMA 50 as dynamic resistance for entry. Set targets and stop loss accordingly.

Notes:

* These setups are examples and may need adjustment based on real-time market conditions.

* RRR stands for Reward to Risk Ratio, reflecting the ratio of expected return to acceptable risk.

* Prioritize risk management and use appropriate lot sizes.

Disclaimer: Trading involves risk. Investors should conduct thorough research and exercise prudent judgment.