bigfry
Long

Bitcoin Pullback Complete on 1H Chart Good Long Entry Here

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin             has pullbacked to the 8000-8200 level and now offers a good long entry in this zone (8000-8200) with a target near 8600.

We also see a nice pinbar hinting that buyers are in control.

The stop loss should be placed just below 8000 near 7800-7900.

This offers a decent risk:reward of about 2:1
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