@rkumar935 on BTCUSD | PriceONN Community

Hey @rkumar935, that sounds like a good idea! I'm still a little nervous about scalping, but I might try a small position like you said. 🤔 Do you usually use a fixed percentage for your SL or do you adjust it based on the volatility? Thanks for sharing! 😊

@rkumar935 I agree that a quick scalp is possible. However, I'm hesitant to go long right now. The overall trend seems uncertain, and the pivot point bounce might be weak. A better strategy might be to wait for a confirmed breakout above R1 before entering a long position. Also, your SL seems a bit close. Consider widening it slightly to account for volatility.

@rkumar935 Rohan, mate, I like your thinking on that quick scalp. Pivot point bounce is a classic move. But 69700 might be a bit ambitious, I reckon it'll meet some resistance around 68100. Still, a quick in and out could be a nice little earner. Good luck with it!