1:3 Risk to Reward BTCUSD
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1:3 Risk to Reward BTCUSD
Bitcoin / U.S. dollarBITSTAMP:BTCUSD
![[IMAGE]](https://s3.tradingview.com/q/qDt5Dt4J_mid.png)
On the 5, 15, 30 and 1 hour timeframe, BTCUSD is showing signs of bottoming action with price action. RSI is also confirming as we head into the NFP. Should NFP disappoint analysts forecasts, I believe Bitcoin will reverse to the upside.
My trade idea on screen is a 1:3 risk to reward setup.
That's it - That's all
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