traderfizfx

SHORT TERM RECOVERY

Long
traderfizfx Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC has fallen almost less than USD 30k this week. However, price starting to recover to the upside as short term buyer already challenged the last seller. Based on my POV, this is just a short term entry as we can see big movement still in a downside and very risky entry. I'm only interested to take the risk if price retrace back to the previous breakout point and support.
Trade closed: target reached:
Price hit 7% take 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.