waiting for BTCUSD
While I wait for Bitcoin to reach the $32 area, I've noticed a promising setup for a long position. As I've previously mentioned, a retrace to the $45 area is likely, and it now seems that we'll be moving in that direction soon. This presents a nice risk-reward opportunity with a clear invalidation point on a break and close below the APEX
Note
Trade is safe now, Took 1/3rd off. The rest of the stops in profit. I will kinda cheekily follow this up and get ready to flip positions once i get the signal for the other way.Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.