#MMO
BTCUSD
This week's pivot point is at 20387.
This week started with price closing and opening above the weekly pivot point.
Price needs to stay above this point for this week's candle to be a green one.
It is ideal to open a long trade above this weekly pivot and place a stop loss just below the pivot point.
Trade plan:
Long BTC: 20750
Stop loss: 20000
Take profits: 21750 and 22750
R:R: 1:2
Good luck
