Long trade
30min TF Entry
Buyside trade
Thu 5th Dec 24
6.00 pm
NY to Tokyo Session PM
Entry 95900.23
Profit level 103214.31 (7.63%)
Stop level 95714.89 (0.19%)
RR 39.46
Reason: I initially anticipated that the Bitcoin would reach 100,000 on my previous buy-side trade attempt on December 4, 2024 (PM), but I was stopped out. However, observing Bitcoin’s strong momentum and breaking through the 100,000 barrier at this time gave me the conviction to enter another buy-side trade.