BTCUSD Long
Hello guys.
This pair has been forming a falling wedge for the past few weeks, ever since bitcoin hit the 31000 zone, which is a strong indication of building a strong bullish momentum.
The price has retested the 27000 support zone, and I anticipate it is a good time to buy some bitcoins. My entry point is at 27400, target at 30100 and SL at 26500.
My R:R target is 1:3 for this trade.
Remember, risk only 1% of your account.
This pair has been forming a falling wedge for the past few weeks, ever since bitcoin hit the 31000 zone, which is a strong indication of building a strong bullish momentum.
The price has retested the 27000 support zone, and I anticipate it is a good time to buy some bitcoins. My entry point is at 27400, target at 30100 and SL at 26500.
My R:R target is 1:3 for this trade.
Remember, risk only 1% of your account.
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