Today, I am considering a short-term long trade on Bitcoin. After absorbing liquidity in the form of a swing low, I expect the price to reverse towards the swing highs and unfilled imbalances. My targets are 61,689 and 62,159. I will enter the trade with 5% of my deposit using cross margin. The stop loss will be quite large.
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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.