Short BTCUSD here at 42700, s/l 44300, t/p 39700
Stop is just above 21dma and 12th/13th Jan highs, t/p at a re-test of last Sep lows.
Risk:reward 1:1.9
A clean break of 39700 could open up an air pocket down to the Aug lows around 37500.
Stop is just above 21dma and 12th/13th Jan highs, t/p at a re-test of last Sep lows.
Risk:reward 1:1.9
A clean break of 39700 could open up an air pocket down to the Aug lows around 37500.
Trade closed: target reached
Taking profit this morning at 38900. Still feels like it might have legs but gonna bank some.
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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.