Example of a good risk reward trade.
Updated
To me the fundamental's are very bullish here. Normally I would close out this trade if a candle were to close under 2,000.
However, with this I would view this as an opportunity to add more.
I expect this to hit 32,000 in a few days to a couple of weeks and cannot rule out bigger run.
I certainly would not like to be short here.
However, with this I would view this as an opportunity to add more.
I expect this to hit 32,000 in a few days to a couple of weeks and cannot rule out bigger run.
I certainly would not like to be short here.
Note
This should read 3,200 not 32,000......my mistake.
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