@miguelbautista97 on BTCUSD | PriceONN Community
M
Just entered a long position on BTCUSD at 68150. Targeting 68700 (R2 pivot point) for TP. SL is placed at 67850, just below the 20 SMA. I'm basing this trade on the expectation that the pullback was temporary and the bullish trend will resume. The RSI is still relatively neutral, so there's room for upside momentum. Risk-reward ratio is about 1.8:1, which fits my strategy. Will update on the progress. Let's see if this plays out!