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Derek Frazier shares and explains his ideas and process of decision making behind cyclitecnical trading. Please like and comment.
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Bitcoin is probably heading into it's 80-day cycle.
I think a stop above the weekly high wont get hit before a target of at least 1 to 3 reward to risk is hit
Bitcoin trade idea
5AUG22 1545 cst - the stop can either be moved to the high of yesterday, or it can be left alone, but there remains transaction risk here, as there are more buyers than expected 😬