Long

Bitcoin Long Idea - BTCUSD

By DenisRisticFX

Updated

Looking to go long @ $39300.
Stop loss @ $36100.
Cover @ $52000.

Calculated RR: 1:3.97

Looking to play long on short term bullishness.

Trade closed: stop reached

Bearish sentiment prevailed. Stop loss hit. Will look for new shorting opportunities.

Note

In hindsight, my stop loss was a little too tight. The entry could have been better refined by using lower timeframes. Currently neutral on BTC

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