Afiqo

#BTCUSD Long after price broke resistance.

Long
COINBASE:BTCUSD   Bitcoin
With price breaking a line of resistance(Blue Line) , an opportunity to buy at the retest of structure in confluence with the demand zone. Wait for price to enter demand zone before setting a buy stop @6889.33 . Stop loss goes below previous low, and target is 20000 satoshis for a risk/reward of 2.5.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.