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Nabil_Bibich
Feb 12, 2024 4:06 PM

btc updates Long

Bitcoin / U.S. dollarBitstamp

Description

as mentioned in the previous post, today I expected a big movement from btc... since I entered the position there was a long period of accumulation on Sunday afternoon which delayed my asset to obtain the first take profit

Trade closed: target reached

the first target has been reached, obviously for scalpers the asset ends here and will try to find another OTE. but here we are still intraday and I still see potential I move my lost stpo to the first of a few pips below the first target because it will probably bounce to those levels

Trade closed: target reached

the second target was successfully hit, I am closing my trade here also because the inflation rate will be released in a few hours. strong impact on the dollar, as a professional I always advise against trading during the news. just wait and wait for the next OTE
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