@nkechieze40 on BTCUSD | PriceONN Community
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Given the current sideways movement on BTCUSD, I'm looking at quick scalping opportunities. Price is hovering just above the S2 pivot at 64895. If it holds, a bounce towards S1 around 65170 could offer a quick long. However, if S2 breaks, we might see a drop to the lower Bollinger band around 62500.
For longs, a tight SL below S2 is crucial. For shorts, waiting for a clear break of S2 on higher volume would confirm. My TP would be just a few hundred points, respecting the current volatility and range. It's all about quick entries and exits in this market. always manage your risk
For longs, a tight SL below S2 is crucial. For shorts, waiting for a clear break of S2 on higher volume would confirm. My TP would be just a few hundred points, respecting the current volatility and range. It's all about quick entries and exits in this market. always manage your risk