BitcoinLong
#DAYTRADE 3 | Retracement After FOMC Announcement
Updated
The previous two BTCUSD trading ideas were both simple, had a low risk & a high return. We're going for the same with this one.
The bulls are back and we're in for a relief rally. The primary trend we're following is upwards. Same for the secondary trend that we're currently in.
I'm expecting higher highs - therefore I'm looking for a solid entry. Today's FOMC announcement will elevate the price to the next floor.
But we should see the BTCUSD price aim for some liquidity first.
I'm trading this idea as followed
If you like this idea, feel free to leave a like and follow me on TradingView.
Cheers
The bulls are back and we're in for a relief rally. The primary trend we're following is upwards. Same for the secondary trend that we're currently in.
I'm expecting higher highs - therefore I'm looking for a solid entry. Today's FOMC announcement will elevate the price to the next floor.
But we should see the BTCUSD price aim for some liquidity first.
I'm trading this idea as followed
- Entry: 17780
- Position: Long
- Stop Loss: 17630
- Target: 18315
- Leverage: 3x
If you like this idea, feel free to leave a like and follow me on TradingView.
Cheers
Note
Daytrade #2 (Yesterday) 
Note
Daytrade #1 (Two days ago)
Trade active
Strategies, Insights & Education: t.me/KOLAcademy
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