Potential Short Trade on BTCUSDT pair
15m Trend line is broken,
5m Bearish trend is confirmed
MACD , 1,200 , showing the start of a selling momentum,
all of these patterns are still in developing stage, hence we can not risk too much asset,
I have entered into the position with half of my actual position. I have plans to add more position later when the patterns are firmly established.
The key for this early entry is very high RR which is more than 9.
5m Bearish trend is confirmed
MACD , 1,200 , showing the start of a selling momentum,
all of these patterns are still in developing stage, hence we can not risk too much asset,
I have entered into the position with half of my actual position. I have plans to add more position later when the patterns are firmly established.
The key for this early entry is very high RR which is more than 9.
Trade closed: stop reached
Result
Trade No 2
Journal 2024 (A)
Stop Loss Hit
Risk 0.5%
Loss 0.5%
We're preparing to re-enter the market with a 0.5% risk allocation, contingent on confirmation from the 15-minute trend. While the RR ratio in this setup is expected to be lower, potentially up to 3.0, it remains a viable opportunity
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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.