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BTCUSD POSSIBLE LONG TRADE PLAN

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The instrument is trading inside a bullish trend on the intraday after completed a bullish engulfing from the bottom key zone. It went on to break out 2 other key zones and recently formed what looks like a bullish trendline. If all this holds and the price clearly rejects from the confluence area of a key zone and trendline, I'll be looking for long trades.

If the price breaks below these areas, this invalidates this setup.

Please do your own analysis before placing any trades.

Cheers and happy trading.

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