BTCUSD Bullish Continuation – Channel Pullback Setup

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BTCUSD Bullish Continuation – Channel Pullback SetupBitcoinCRYPTO:BTCUSDCHART_MASTERS_GOLDKey Zones 🟩 Entry Zone (Demand / Discount) ~74,365 – 74,000 area Marked as your ENTRY POINT πŸ‘‰ Confluence: Channel support Prior consolidation Likely liquidity grab zone πŸŸ₯ Target Zone (Supply / Premium) ~75,400 – 75,430 πŸ‘‰ This is: Previous high area Liquidity pool above highs Logical take-profit zone πŸ›‘ Stop Loss ~73,538 πŸ‘‰ Below: Structure low Channel breakdown Confirms invalidation if hit 🧠 Trade Idea 🟒 Bullish Scenario (Primary) Price pulls back into entry zone Forms consolidation / liquidity sweep Pushes upward for continuation 🎯 Targets: TP1: ~75,200 TP2: ~75,400+ πŸ“Š RR looks solid (clean structure + defined risk) πŸ”΄ Bearish Scenario (Invalidation) If price breaks and holds below 73,500: Structure shifts bearish Ψ§Ψ­ΨͺΩ…Ψ§Ω„ deeper correction toward 72,800 – 72,000 ⚠️ Important Observations Current price is mid-range (not ideal entry) Best trades = buy at discount, not in the middle The zig-zag path suggests: Small fakeouts before expansion 🧩 Simple Read Trend: Bullish Setup: Pullback β†’ Continuation Strategy: Wait, don’t chase πŸ’‘ Pro Tip This is a classic: Impulse β†’ Channel β†’ Breakout continuation setup Patience here increases win rate significantly.