Short

BTC GOOD R:R SHORT

Updated

BTC has been on a massive move past couple of months, now after breaking ath it is in a rising wedge with rsi bearish div. Besides this the volume has also been going down showing that this move is weak and most likely will resort in a bounce back to 60k and maybe lower.

And countertrading the majority has shown to be a good idea, short when everyone is euphoric, long when everyone is in dysphoria

Invalidation will be closer above new ath 3.5 R:R

Trade closed: target reached

TP 1 achieved, closed 50%
CPI is negative today so leaving the rest run. 60k still looks good

Note

Move SL to entry at 72k, not laying and eye on this trade any further. Made 25% on 5x.

Could bounce back to take short liquidity at around 75k . Short again after that.

All in all good trade.

Trade closed: target reached

Note

Amazing trade 15% no leverage.

Trade closed manually

One of the best trades on my profile. Went perfectly as predicted. this shows that no matter how others talk about the market, trust your own set-ups.

Closed all shorts here, we will move higher.

Ccgp-investments

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