BTCUSD Non-Trending(Side-ways)

٤ أغسطس ٢٠٢٣

I don't see trends in this chart and can easily say the market is not trending and is sideways.
I have defined 3 supports and 3 resistances and can play around to book some profit.
I'll book two types of orders here buy stop and sell stop to capitalize if it goes either way.
Total Order = 2 with 2% risk each.
For each order two trades with 1% risk each for TP1 and TP2:

Order#1:
SL: 29335
EP: 29400
TP1: 29465
TP2: 29530
Size / No of Coins: 1.55

Order#2:
SL: 29065
EP: 29020
TP1: 28975
TP2: 28930
Size / No of Coins: 0.30

٤ أغسطس ٢٠٢٣

ملاحظة

There is slight mistake in the order no of BTC would be 2.3:

Order#2:
SL: 29065
EP: 29020
TP1: 28975
TP2: 28930
Size / No of Coins: 2.3

٤ أغسطس ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

SELL STOP Order Profit booked TP1 and TP2 hit successfully.