GregOh

Nice Risk/Reward Trade on BTC

Long
GregOh Updated   
BITFINEX:BTCUSD   Bitcoin
We had a nice run up in BTCUSD and a healthy pullback. Buyers bought the dip and drove the price up. Use the tail as conviction and place your stop there. Look for a 2:1 payout or higher. Take profit if we get downside conviction.


**not financial advice or a recommendation, do your own work and trade your own trades***
Comment:
Initial target hit! Took profit!

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.