BTC BUY OPPORTUNITY:
The market has secured Very strong bullish momentum so we can place our stops relatively close to the entry price.This will allow us to have a better RR ratio.However we must take into account wickfishing when placing stops and TPs.
I would place multiple entries for this, with stops at break even or a small loss, keeping our RR high in the 10 region.
It looks like BTCs Bull run may start soon, My bias is we shall be staring November with strong bullish momentum possibly up to 16k. We shall have to see.
The market has secured Very strong bullish momentum so we can place our stops relatively close to the entry price.This will allow us to have a better RR ratio.However we must take into account wickfishing when placing stops and TPs.
I would place multiple entries for this, with stops at break even or a small loss, keeping our RR high in the 10 region.
It looks like BTCs Bull run may start soon, My bias is we shall be staring November with strong bullish momentum possibly up to 16k. We shall have to see.
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