BTC TA - Bearish scenario 4h
Updated
I opened a short yesterday at the $23300 level. Let's see what will happen 🚀. Just remember: Stick to your plan and have a good risk management 👍
And that's the main reasons I decided to take a short on BTC :
► Confirmation of the breakdown of the rising wedge
► Retrace of the 0.5 fib level
► Tripple or four Top
► High risk reward ratio
Trading setup:
Entry: $23310
SL: Moved to small profit
TP1: $21600 (already taken 40%)
TP2: $20555
⚡Just to notice. We are right now in a very volatile market phase in the crypto. Crazy and unpredictable things could happen. That's why you should use a stopp loss. ⚡
Disclaimer: DYOR. No financial advice. Just for your impression.
And that's the main reasons I decided to take a short on BTC :
► Confirmation of the breakdown of the rising wedge
► Retrace of the 0.5 fib level
► Tripple or four Top
► High risk reward ratio
Trading setup:
Entry: $23310
SL: Moved to small profit
TP1: $21600 (already taken 40%)
TP2: $20555
⚡Just to notice. We are right now in a very volatile market phase in the crypto. Crazy and unpredictable things could happen. That's why you should use a stopp loss. ⚡
Disclaimer: DYOR. No financial advice. Just for your impression.
Trade closed manually
Took profits and I'm done. Waiting for another entry TA setup
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