Quick trading idea for very short term profit

While bitcoin is fighting to recover, it couldnt break the 40k resistance and in his way bitcoin broke its tenkan sen with a huge price rejection hence it will probably go test its Kijun sen at 37k

Trade setup :

Entry : 39995
SL : 40771
TP : 37921

Trade active

So far so good, the price rebounded on the ema (which is logical), due however to the exceptional day (FOMC meeting which means high volatility expected) I placed a trailing SL to protect gains we will see how far we can go

Trade active

Bearish divergence on the 4h that makes me believe the TP will be reached, nevertheless i closed 20% of the position here just in case.

Trade closed: stop reached

Trailing SL fired exit at 38652

Note

Congrats for the ones who stayed until the TP

shell0

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shell0

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