BTC Spec Long. Wick Catching.
Bitcoin / US Dollar Perpetual Inverse Swap Contract BITMEX:XBTUSD
Trade Journal:
Expecting a short-term rally after persistent dumping.
1: Expecting to range towards the bottom of the supply zone .
2: Expecting breakout to retest previous support.
3: 1/2 position speculative long with tight SL.
Supporting:
RSI should head into the oversold area.
Bankroll was decimated in a previous trade with no SL in place.
Mental noted to log every trade and have strict in/out zone demarcated.