@HSuleiman2 - BTCUSD | PriceONN Topluluk
When I enter a position on BTCUSD, especially on swing trades, I like to scale in and out. For example, if I'm looking to go long, I might start with a partial position around a key support level, say near the 20 SMA, which is around 71794 right now. If price continues to move in my favor and breaks a significant resistance level, I'll add to that position. Conversely, if price starts to consolidate or shows signs of reversal, I'll take partial profits off the table. This way, I'm not fully exposed if the trade goes against me, and I can still capture gains if it keeps running. It helps manage the emotional side of trading, especially during these quiet Sydney sessions where moves can be slow. It also allows me to adjust my average entry/exit price as the market evolves.