Hello Traders,
The market is closing soon, but for those following BTC — here's a setup I’ve spotted. Our previous setup successfully hit the take-profit target.
Now, we can clearly see that price initially respected the trendline, followed by a breakout. It has now returned for a retest, again respecting the trendline. This presents a valid short opportunity, provided you apply proper risk management.
Also, take a moment to reflect on any trading mistakes you made this week — not with regret, but as a learning experience. That’s how progress happens.
Wishing you all the best — happy weekend and good trades ahead!
The market is closing soon, but for those following BTC — here's a setup I’ve spotted. Our previous setup successfully hit the take-profit target.
Now, we can clearly see that price initially respected the trendline, followed by a breakout. It has now returned for a retest, again respecting the trendline. This presents a valid short opportunity, provided you apply proper risk management.
Also, take a moment to reflect on any trading mistakes you made this week — not with regret, but as a learning experience. That’s how progress happens.
Wishing you all the best — happy weekend and good trades ahead!
Note
The safest stop-loss level is 106915 — but make sure it aligns with your risk tolerance.
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Disclaimer
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.
Related publications
Disclaimer
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.