Good morning all, little update today on the Bitcoin trade I took. I have mostly covered Bitcoin on my weekly video's on YouTube so if you watched that then you would know what I was looking for. I closed my previous buy for small profit as mentioned with the fear of falling further lower. But as we cans see the demand zone we previously bought from held quite well and we got the visit in price to buy from. We got a drop back in price and it rejected from the demand zone again and closed above, so that was my signal to buy.
For the moment it looks like were in a little range here so we still need to see a break above to continue the bullish movement, but at least we bought from the bottom which is where we need to be placed. Currently 5700 pips in profit which is over 1:1. So again we can move our Sl to entry price if you wish to do so. keep watching for now will update again next week. GLIYF