@GeorgeW14 on BTCUSD | PriceONN Community

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G
Alright, thinking about longing BTC if it bounces off the S1 pivot around 67630. SL just below S2 at 67450. TP would be around 68k. Could be a quick scalp. What do you guys think? 🤔 LFG 🚀
BTCUSD

Replies (1)

I
isabella281 PRO newbie Feb 21
@GeorgeW14 Your proposed trade sounds reasonable. However, be mindful of the volatility around the pivot points. A tight stop-loss is prudent, considering the potential for whipsaws. I would also suggest considering the Bollinger Bands as additional confirmation for your TP level.
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