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Potential BTC/USD Long Opportunity

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Potential long set up on BTC.

Waiting to see price action breach downward trend and find support on the fib.

If it does i will enter long position once it breaks previous resistance with a sell target just under the next fib.

Stop loss will be set just under previous resistance which is now support.

There is also the potential for a inverse head and shoulders in this set up.

This trade will be about a 5:1 Risk/Reward.

This is not financial advice, always DYOR before investing.

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