Swing Long BTC

📅 February 26, 2026
Archived - Completed Bot
elliot wave impulse wave scalp long

Grid Bot Configuration

Price Range
$66,461 - $73,523
Entry Price
$67,402.40
Number of Grids
11
Exchange
Phemex Exchange BTC Perp

📜 Trading Journal

Stop Loss triggered blot closed on 2-26 midnight

Looking for an impulse to the upside. Take profit is 72,277. Stop Loss is 66,283. Such a tight stop loss had to 20x the grid bot.

The wave structure suggests we are in wave 3 of a larger impulse, which typically provides the strongest and most extended move. The Fibonacci extension targets align well with our take profit level.

Risk management is crucial here – the tight stop loss requires careful position sizing. The grid bot configuration allows for dollar-cost averaging within the range while capturing volatility.