Trading BTC/USD: Long Entry Near 63104
BTC/USDLongIntraday3h ago1 views
Trade Setup
Entry Price
63104.00
Stop Loss
61582.00
Take Profit
66908.00
Risk : Reward
1 : 2.50
RiskReward
Technical Analysis
Looking at the 1-hour chart, BTC/USD is showing a clear bearish engulfing pattern near the 63104 level.
Fundamental Context
Recent economic data supports a long move on BTC/USD. Central bank policy remains the key driver.
Trade Setup
Risk:reward is 2.5:1. Stop loss at 61582, take profit at 66908.
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