Weekend Mean Reversion Play on BTCUSD
The 4H chart to the left indicates that the current price of BTCUSD is overextended to the downside by 2 standard deviations and the RSI is also "oversold". Watching for BTCUSD to move higher from here.
Note
moving stops to half risk
Disclaimer
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.
Disclaimer
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.