BitcoinLong
XBT/USD
Entry Long @ 3686
Stop placed at 3611 allows for approx 2.7% move down in price
Used 50% of my futures trading capital on the trade no leverage to reduce risk to 1.3% of futures trading capital
Target is just below local resistance at approx 4k
R/R is very favorable approx 3.2
Long support / short resistance as always
Stop placed at 3611 allows for approx 2.7% move down in price
Used 50% of my futures trading capital on the trade no leverage to reduce risk to 1.3% of futures trading capital
Target is just below local resistance at approx 4k
R/R is very favorable approx 3.2
Long support / short resistance as always
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