Bitcoin Weekend Scalp Setting Up Nicely with Good Risk to Reward

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I am watching this setup develop and want to share it with you.

Now I will only take this trade if the neckline is broken confirming the entry.

Even though strong support is below at $82,00 my stop loss will be below the $8,500 local support.

I prefer to keep the risk to reward favorable and if we break $8500 take another look at the $8200 support.

Trade safe. Be prepared. Trade smart.

Go ahead and leave a like if this helped you or you appreciated the analysis.

Take care everyone!
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