A Standard 14:1 trade, hop on once all confluences are met.
The price of BTCUSD is heading to the oversold region after leaving the overbought region.
Trading should be systematic, leave emotions out of it, you can leave just a little amount so support logic.
Confluences to look out for:
1. Hitting that support right there.
2. Price hitting the oversold levels in the RSI
3. Price action to support divergence
4. The W pattern.
Once you've confirmed these confluences, open a buy position using proper risk management.
Trading should be systematic, leave emotions out of it, you can leave just a little amount so support logic.
Confluences to look out for:
1. Hitting that support right there.
2. Price hitting the oversold levels in the RSI
3. Price action to support divergence
4. The W pattern.
Once you've confirmed these confluences, open a buy position using proper risk management.
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