XBTUSD: Expecting a retrace into buy zone
Updated
It's still unclear if we get the retracement wave but we are very close to a significant resistance area and failed to break past it the last couple of days. Chances of some retracement waves are going up as we speak.
I'm looking to buy the retracement wave when it enters my buy zone, and will manage the position (take some profit) in the target zone add a trailing stop for the remainder of the position.
ladder buys from: 6648 - 6582
target: 6699 - 6762 (depends on price action in the area)
I'm looking to buy the retracement wave when it enters my buy zone, and will manage the position (take some profit) in the target zone add a trailing stop for the remainder of the position.
ladder buys from: 6648 - 6582
target: 6699 - 6762 (depends on price action in the area)
Trade closed: stop reached
stop hit
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