[BTCUSD] – In our Trading room we discussed in the last sessions the opportunity to try and take a short position. TARGET 1 and 2 appear to be interesting and the trend remains bearish.
[UPDATES] – Why stop loss at breakeven? From a technical point of view, the pair has reached an important support around 7835, and from here, should trigger a technical rebound that could push the pair to the resistance test around 8166, if the rebound will continue above, it is possible that the pair reach 8357, losing the downward momentum, above here, better to close the short position (breakeven).
[UPDATES] – TARGET 1 HIT!