MoneyBodySoul

BTCUSD - Low Risk Long Position

Long
BITFINEX:BTCUSD   Bitcoin
Technical Analysis

Previous two candles had large wicks indicating the bears have lost momentum and the bulls are taking control. There is a great opportunity to get into a low risk long position for BTCUSD placing stops below recent lows, while take profits set modestly below the trend channel.

Entry: 9128
T/P: 9437
S/L 9028
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