@acooper961 on BTCUSD | PriceONN Community
A
Okay, so here's a potential trade idea I'm looking at. Considering a long position on BTCUSD with an entry around 67950-68000. My stop loss would be placed just below the 50-day SMA at 67400 to manage risk. I'm targeting a take profit near the R1 pivot point around 68260 initially, with a potential second TP closer to 68500 if momentum continues. This setup gives a decent risk-reward ratio imo. Of course, DYOR and manage your positions carefully! This is just my personal plan, not financial advice. What do you guys think?