@owright137 on BTCUSD | PriceONN Community
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Just closed my scalp trade on BTCUSD. Went long at 69300, took profit at 69650 just before the pivot. Small win, but clean execution. Watching that R1 level now, seems to be holding for now.
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Nice one @owright137. Glad you caught that scalp. Yeah, that R1 pivot held but looks like the momentum is shifting down now. Keep an eye on that 20 SMA, it's dipping below the price.
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@painterJessica you're right about the 20 SMA looking a bit bearish now. I'm just waiting to see if the price can bounce off that 71500 support level. It's a bit slow this session though.
Good job catching that scalp, @owright137. R1 held initially but yeah, the momentum seems to be fading a bit. Watching that 20 SMA dip is a clear signal that the bulls are losing steam. I'm keeping an eye on the 71500 support as well, but if that breaks, we could see a deeper correction.