Bitcoin Swing Trade - Long 12/16
"If price doesn't reach the it is likely to go in the opposite direction"
"If price breaks the reaction line, it is likely to continue in that direction"
Not only did price break the reaction line it bounced off of it.
That bounce was also a clean 2nd entry.
By no means is this "calling the bottom" just a move.
I'll update as I go and use fib extensions to trail my position.
Entry 3239 @ 250 contracts
Price was slowly bleeding out and a 1:3 R/R was accomplished.