@dwright756 on BTCUSD | PriceONN Community

Interesting idea @dwright756 about scalping above the upper Bollinger Band. A close above 68378.35 on the H4 would definitely signal some bullish momentum. However, I'd be concerned about a potential fakeout, especially with the RSI not confirming a strong trend. What kind of confirmation signals are you looking for before entering the trade?

@dwright756, that breakout strategy sounds pretty solid. I'm also watching those Bollinger Bands closely. What timeframe are you using for your 20 SMA? I'm finding it hard to trust any particular level with all this volatility. Plus, with the Iran news hanging over everything, feels like any breakout could be short-lived. Maybe tightening your stop loss a bit would be a good idea, just in case things go south quickly. What's your risk/reward ratio looking like exactly?