Bitcoin "SMC" Trade Setup

A trader may initiate a long position in Bitcoin with a 15-minute time frame, The entry point is targeted near the 0.3 Fib level at the structure break, with an expected swing high target of $22917 and a protective stop loss set at the recent swing low of 23010. The potential reward to risk ratio is 5.

Trade Setup


Time Frame : 15 Mins
Entry Fib Level: 22917$
Target : 22720 $
Stop Loss : 23010
Risk Reward : 6

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