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BTCUSD: More Detailed Discussion on Lower Time Frames

BITSTAMP:BTCUSD   Bitcoin
Hi Everyone! Thought I would spend a little more time explaining what you may be looking for in the short term group; based on any current position you may be in or what you should do if looking to open a position. It would be important to wait for a pressure trend to be established by at least waiting to see expansion up or expansion down in the 8-minute time frame first before considering a decision. However, be MINDFUL of a potential "trap" and set a stop loss. I'm going to get this one out now so you can watch it as soon as possible.

Happy Trading and Stay Awesome!

David

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