so Bitcoin is on it's way to the 0.618 fibo line which is also the bottom line of the triangle that just broke yesterday, for all risk takers here is an idea for a short position, since this could be just a pullback you can open a short position with the given Stoploss (make sure you follow the stop loss) and the target to down side could be almost 30%
The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss 3%
I suggest you do the same, so if you do 10 trades you only need 3 of them to be successful to gain a profit on your whole trades
The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss 3%
I suggest you do the same, so if you do 10 trades you only need 3 of them to be successful to gain a profit on your whole trades