Idea for a short BTC scalp. 4% profit if successful with a tight 2% stoploss. You can set stop loss tighter if you want. I still feel the market is bearish overall and this is a very quick flip move
Note
False breakout and down we go. I updated my stoploss to my entry price once we broke above the channel. Ended up hitting obviously so won nothing and lost nothing on this trade.Trade closed: stop reached
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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.