16 R Front Side/Back Side Trade on Bitcoin

26 Feb 2023BTCUSD

I'm currently in this trade to the long side for the majority of the overall move (12 R) , but there's still a chance to capture the potential 4 R trade to the downside.

I'm expecting the bulls to push the price up to the pre-break level and take out that imbalance before making a move back to the downside and test previous support, both of which lines up with ATR.

LONG--SHORT