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btcusd h8 xabcd best level to buy 20% gains


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🔸Hello guys, today let's review8hours/candle price chart for BTCUSD. Speculative XABCD setup
in progress with entry strategy (reversal) at point D. right now pullback in progress but the pattern
is almost complete with point X/A/B/C in place and point D still pending.

🔸Pattern structure is defined by point X at 26825, point A at 30320, point B at 27445, point
C at 29565 and finally point D at 25840.

🔸Recommended strategy bulls: the overall outlook is bullish and I recommend to focus on buying
low near point D/PRZ after the pullback/correction is over later in May 2023. best reload bulls at
point D at or near 25 840 USD. conservative TP bulls is +20% gains, near 31 000 USD. SL 5%.

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ğŸŽLeave a comment to support our team!

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

btcusd h8 xabcd best level to buy 20% gains.png

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The analysis provided for BTCUSD is informative and well-detailed, with clear entry and exit strategies for bullish traders. However, it is important to note that trading in cryptocurrencies is highly speculative and carries a significant risk of loss. Traders should always conduct their own research and analysis before making any investment decisions and should not rely solely on the opinions of others. It is also crucial to use risk management tools such as stop-loss orders and to be cautious with leverage to avoid large losses. While the recommended strategy appears to be well thought out, traders should always be prepared for unexpected market movements and adjust their positions accordingly. It is always advisable to seek professional advice from a financial advisor or licensed trader before investing in any asset.

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