Trade Plan for BTCUSD

This trade plan consists of 2 possible entries

First entry begins now on the long side at 61,897
SL: 60,768
TP: 64,407

This is a 1:3 Risk to Reward Setup

Now if we end up getting stopped out, I'll look to enter again on the long side at the 60,000 support handle with a stop loss below the lowest point onscreen and the target remaining at 64,407.

Something to consider: If stopped out on first entry, double up on the second entry.

Important Notes: To mitigrate risk, best to place an alert at the 60,000 handle rather than placing a pending buy limit order. This will allow us to monitor momentum to ensure the 60,000 area will remain supported.