BTCUSDT Short
As BTC is taking up its phase to make HH and reach the top of the channel on the daily on the overall perspective I am bullish for a while on BTC and I would like to take the advantage of Bagging some satoshis I am seeing some sellers coming in atm. As we are working with an upward channel and BTC is facing some resistance and that is one important area to consider. But on a whole, I am anticipating some sellers to come in and not so aggressive as before. I am targetting the seller's recent breach and Bottom of the channel as the target.
Risk Management
Entry: 12473 USDT
Tp: 11347 USDT
Stop Loss: 13016 USDT
Profit and Loss Percentage: 9.92% and 4.3%
Risk/Reward: 1:14
As BTC is taking up its phase to make HH and reach the top of the channel on the daily on the overall perspective I am bullish for a while on BTC and I would like to take the advantage of Bagging some satoshis I am seeing some sellers coming in atm. As we are working with an upward channel and BTC is facing some resistance and that is one important area to consider. But on a whole, I am anticipating some sellers to come in and not so aggressive as before. I am targetting the seller's recent breach and Bottom of the channel as the target.
Risk Management
Entry: 12473 USDT
Tp: 11347 USDT
Stop Loss: 13016 USDT
Profit and Loss Percentage: 9.92% and 4.3%
Risk/Reward: 1:14
Trade closed: target reached
As I am stopped out and I am still bearish on this pair So, I re entered this trade after seeing a wick on the top telling me some serious selling is coming in.Trade closed: target reached
TP 1: Got hit Trade closed: target reached
TP 2 got hit.Note
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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.