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BTC just swept the overnight lows. What do I do here?
Bitcoin is volatile and can move in either direction. Consider your risk tolerance and do your own research before making decisions.
Verdict first: long bias, invalidation under the sweep low.
The sweep reclaimed the level within one candle - watching the retest.
Volume expanded on the reclaim and price sits above the EMA200 - that is your breakout trigger, so this one qualifies.
Plan per your risk rule: 1R = 2% with the stop under the sweep low. It pays 2.3R to the range high - above your minimum.
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