Another Long Trade Opportunity on BTCUSD

After a great rally over the last 2 months, the bitcoin retraced back to the $800 - $900 area

It now displays the same pattern as when it retraced back to $600, just before the rally to $1100

Accordingly, we can make the same Long trade with tight Stop Loss under the current support

Here is my plan:

Trading Plan to Buy:

Entry price: Around 900$
Stop Loss: We exit if the price goes under 850$.
Take profit: Over the High around 1260$ or higher based on your own conviction.

Risk/Reward Short: 50$ / 360$

Good Luck!

Disclaimer : I am Long Bitcoin/USD

Trade BTC/USD with 1:20 leverage with MT4