### 🔻 **Trade Setup (Short Position)**
* **Entry Price:** **1031**
* **Stop Loss:** **1040** (−9 points)
* **Target 1:** **9960** (+71 points)
* **Target 2:** **9726** (+305 points)
---
### ⚠️ **Important Note**
BTCUSD is currently trading well above **1031** — more likely in the **\$60,000+** range (as of recent 2025 data). So:
🔸 If you meant **1031**, this price level is far too low and not reflective of current BTCUSD trading.
🔸 If you meant **10310**, then your trade setup makes sense.
---
### ✅ Assuming Corrected Setup:
* **Sell Entry:** **10310**
* **Stop Loss:** **10400** (−90 points | \~0.87%)
* **Target 1:** **9960** (+350 points | \~3.39%)
* **Target 2:** **9726** (+584 points | \~5.66%)
---
### 📈 **Risk-Reward Ratios**
* **To Target 1:** \~3.89:1
* **To Target 2:** \~6.49:1
---
### 🧠 Trade Considerations
* Great risk-reward if price is indeed at or near 10310.
* Watch for price rejection at or near resistance zones.
* Confirm bearish signals (e.g., RSI divergence, volume drop, bearish candlestick patterns).
* Be cautious if support holds near 9960 or 9700.
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Gold Signal's with proper TP & SL for high profit ..
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
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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.