Didn't get a chance to post this yesterday as life got in the way but I was mentioning in chat that we have an easy long on BTC from 6200 level, up to about 7300-7700. This morning we put in what I have as the 1of5ofA up and we are putting in the 2ofA now which will give us a decent re-entry in the 6300-6400 range. Alternatively, one can long on the break of 6540 as that will likely result in a quick push to my TP1.
I am long from 6200 and have marked my TP targets with green lines...
TP1: 6900ish (just short of 38% retrace)
TP2: 7300ish (jsut short of 50% retrace)
TP3: 7600ish (just short of 61.8% retrace)
I will likely be mostly if not entirely out around 7350 and will use final TP3 along with the other marked red lines to build a short with ultimate target around 5200.
This is not trading advice....just sharing what I'm doing. DYOR.