@isabella1401 on BTCUSD | PriceONN Community
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Okay, so I'm thinking about entering a long position here, but I'm not going to go all in. Given the volatility and the fact that we're in the middle of the London/NY overlap, I'm going to start small. My initial position size will be about 1% of my capital. I'll set a tight stop loss just below the S1 pivot at around 73400. If we see some good upward momentum and maybe a clear break above the R1 pivot, I might add to the position. But I'm not going to chase it if it feels like a FOMO trap. The key is to manage risk on this leg up, especially with that neutral RSI. I don't want to get caught in a fakeout like Sarah mentioned earlier.