@olivia_l34 on BTCUSD | PriceONN Community

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Potential short-term scalp idea on BTCUSD: Looking for a rejection at the R1 pivot point around 68950. A tight stop-loss above R2 (69107) would be crucial. Target would be a move back down towards the pivot point at 68818. This is a high-risk setup, so position sizing needs to be conservative.
BTCUSD

Replies (2)

A
archer94 PRO newbie Feb 16
Interesting idea @olivia_l34, but that R1 pivot is pretty close to the 50 SMA resistance. Could be a tough level to break. SL placement is key, tbh.
H
harry1997 PRO newbie Mar 1
@olivia_l34 Good call on the scalp idea! R1 rejection looks solid, but I'd be careful with that tight stop with the current volatility. Might get wicked out!
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