Entry when H1 candle close under 38.44 Reason is that we broke the trendline, and trading below it, Theres a Possible retest of that trendline to confirm bearish move, then if we see a break of structure and closure below 38.44 then we go short down to the liquidity levels
TP1 38 TP2 37 TP3 36 TP4 35 TP5 34
SL 46 (we might adjust SL later on) Leverage 10x
Trade active
Note
TP1 Hit
Note
TP2 Hit
Note
Remember to take profits when trade is in your favor, dont just stare at the profits. even if TP1 and TP2 gets hit but not the rest, dont wait for them , as trade might revert. SL to entry or breakeven or better yet, last candle high/low
Trade closed manually
Back to entry even though we took some profits, but BTC might reverse from here. Closing this one breakeven
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.