Bitcoin
Long
Updated

Long on BTCUSD: stops taken, strong rejection, equal lows

349
Entering this quick long on BTC.

Reason:
  • stops are taken
  • strong rejection of 10070
  • equal lows
Trade closed: stop reached
Stopped out. Looks like a typical stop hunt. Will wait for 4hr candle to close to see if bullish SFP confirms.

Ideally would like to see a close above 10,074.

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.