BTCUSD, 15-minute timeframe chart
BTCUSD, 15-minute timeframe chart
BTCUSD touched the resistance level of 106900.00
General outlook
BTCUSD has been under buying pressure within the last day. The pair moved to the resistance level of 106900.00.
Possible scenario
The best way to use this opportunity is to place a sell order at 106800.
Set your stop loss at 107800. below the previous low ($10.00 loss for 0.01 lot) and take profit at 104000. ($28.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
BTCUSD touched the resistance level of 106900.00
General outlook
BTCUSD has been under buying pressure within the last day. The pair moved to the resistance level of 106900.00.
Possible scenario
The best way to use this opportunity is to place a sell order at 106800.
Set your stop loss at 107800. below the previous low ($10.00 loss for 0.01 lot) and take profit at 104000. ($28.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
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