Just closed a successful long position on Bitcoin and wanted to break down the "Why" behind the trade. Trading isn't about predicting the future; it's about managing probabilities. ๐ Entry Logic: I noticed a classic bullish divergence on the 4H RSI while price was testing the major support zone at $92,500. After a successful retest of the Volume Weighted Average Price (VWAP), I entered long. โ๏ธ Risk Management: Entry: $93,200 Take Profit: $97,000 (Hit!) Stop Loss: $91,800 (1:3 Risk-to-Reward ratio) ๐ก Reflection: The market was volatile, but sticking to the predetermined exit plan saved me from "greed bias." Always trade the chart, not your emotions. #ๅไบซๆ็ไบคๆ #ShareMyTrade @Gate_Official
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Precision Entry on $BTC โ Logic over Luck ๐
Just closed a successful long position on Bitcoin and wanted to break down the "Why" behind the trade. Trading isn't about predicting the future; it's about managing probabilities.
๐ Entry Logic:
I noticed a classic bullish divergence on the 4H RSI while price was testing the major support zone at $92,500. After a successful retest of the Volume Weighted Average Price (VWAP), I entered long.
โ๏ธ Risk Management:
Entry: $93,200
Take Profit: $97,000 (Hit!)
Stop Loss: $91,800 (1:3 Risk-to-Reward ratio)
๐ก Reflection: The market was volatile, but sticking to the predetermined exit plan saved me from "greed bias." Always trade the chart, not your emotions.
#ๅไบซๆ็ไบคๆ #ShareMyTrade @Gate_Official