Bitcoin
Short
Updated

BTCUSD..Chart pattern..

2 453
Trade Setup (Short / Sell BTCUSD)
Entry: 105,000

Resistance (Potential Invalidator): 109,000

Take Profit (TP):

1st Target: 96,000

2nd Target: 92,000

No stop loss specified — it's essential to define one for risk management. A common approach is placing SL just above resistance (e.g., 109,500 or 110,000).

Risk & Reward (Assuming Stop Loss = 110,000)
Risk (SL - Entry): 110,000 – 105,000 = 5,000 points

Reward:

TP1 (96,000): 9,000 points → Risk/Reward ≈ 1:1.8

TP2 (92,000): 13,000 points → Risk/Reward ≈ 1:2.6

Trade Notes
Resistance at 109,000 should be monitored closely; a breakout above could invalidate the setup.

Bearish confirmation (e.g., rejection candles or breakdown from trendlines) would add confidence to the short.

Consider scaling out at 96,000 and trailing your stop for a potential move to 92,000.

Market context matters — this type of short trade assumes BTC is overbought or facing macro resistance.

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