FBlocktrader

BTC: How to scale early into downtrend

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin has left the broader sideways channel, which was slightly upwards pointing, a now new downtrend has emerged. The chart shows how you can scale into a position and where to cover.
All entries are based on price action rules. The cover targets are based on targets at which upside movements could start.

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