Shorting BTC on resistance retest. 4hr chart
Updated
Reason to short:
Resistance retested and ready to go down.
Strategy:
Risk/Reward Ratio = 2.13 or 5.72
Entry: around 10,325
Stop loss: 10,490
Target 1: 9,990
Target 2: 9,385
Trade safe!
Resistance retested and ready to go down.
Strategy:
Risk/Reward Ratio = 2.13 or 5.72
Entry: around 10,325
Stop loss: 10,490
Target 1: 9,990
Target 2: 9,385
Trade safe!
Comment
Closed my position at 10,172 with 0.99 R/R profit. "Not good not terrible".Will stay on the sidelines for now.
Trade closed manually
Did not like double bottom rejection on 1 hr.
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