BTCUSD "For those who have missed temporary bounce back!"

Hello Traders,


If you have missed temporary bounce back from $7031 area, you should not chase and buy.

This is, as u know, actually one of the basic things that traders should keep in mind.

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I inserted a rectangle to show you a buy zone assuming that this bounce back will continue for short term.
It would be much better if you can utilize margin to maximize profit as this is for short term.


Current entry price as of this writing is $7084.



From long term perspective though, I still think that it is better to wait as I shared previously. If you've missed it, please review where the important support area is so that you don't miss it.


Thank you.


After all, only Traders who have right strategies that penetrate markets will survive, not people trading with luck or without criteria.

Trade closed: target reached:

bounced back again as soon as we entered and reached target within 2hrs. congrats!