#DAYTRADE 3 | Retracement After FOMC Announcement

The previous two BTCUSD trading ideas were both simple, had a low risk & a high return. We're going for the same with this one.
The bulls are back and we're in for a relief rally. The primary trend we're following is upwards. Same for the secondary trend that we're currently in.
I'm expecting higher highs - therefore I'm looking for a solid entry. Today's FOMC announcement will elevate the price to the next floor.
But we should see the BTCUSD price aim for some liquidity first.

I'm trading this idea as followed

• Entry: 17780
  
• Position: Long
  
• Stop Loss: 17630
  
• Target: 18315
  
• Leverage: 3x
  

If you like this idea, feel free to leave a like and follow me on TradingView.
Cheers

Kommentera:

Daytrade #2 (Yesterday)

Kommentera:

Daytrade #1 (Two days ago)

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