In April and May 2022, Pipsologics ENIGMA provided clear directional bias and multiple sell entries for Bitcoin on the 90-minute timeframe, represented by red dots on the chart. The trades aimed for an ultimate take profit target of $16,000, with a breakeven point at $28,000.
Here’s a breakdown of the sell entries:
- Trade 1: April 26th, London session
- Trade 2: May 3rd, London session
- Trade 3: May 6th, London session
- Trade 3: May 6th, New York session