In a post, I made a few days ago, the setup I made got stopped out as the price hit 8900ish.
Congrats for the risk-taker who entered both at 9090ish and 9000ish the price as reached 9250, 60% profit made in this short-term setup.
Pitcure Link(BTC Bid/Ask Sum): https://ibb.co/J783zTP
If you open the link I sent, you could see that we are currently low on demand for BTC/USD and the offer for BTC/USD is high, hence I believe now is the time for short, and we could set our SL around 9300ish area, and TP around 9000ish.
Conservative Setup: E:9250ish SL: 9323ish TP1:9150(60%) TP2:9000(40%)
Share your idea on the comment section below, like this post for more post like this.
Congrats for the risk-taker who entered both at 9090ish and 9000ish the price as reached 9250, 60% profit made in this short-term setup.
Pitcure Link(BTC Bid/Ask Sum): https://ibb.co/J783zTP
If you open the link I sent, you could see that we are currently low on demand for BTC/USD and the offer for BTC/USD is high, hence I believe now is the time for short, and we could set our SL around 9300ish area, and TP around 9000ish.
Conservative Setup: E:9250ish SL: 9323ish TP1:9150(60%) TP2:9000(40%)
Share your idea on the comment section below, like this post for more post like this.
Note
The setup I make has hit the initial SL, but I am still bearish on BTC. Hence I entered short again. Note
Trade closed manually
Concluded this trade set up with 36% profit after losing 20% in the initial setup
How the trade was executed
Leverage:25x
1. E1:9250 SL:9323
stoped out and lose 20% from margin
2. Re-entry on 9431.93 SL: 9481
TP1: 9266 (60%) TP2: 9151.2 (40%)
Gaining 56% profit from Margin
For anyone following this trade setup if you have re-entered on 9450ish, congrats you have gained another profit.
Cheers
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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.
Related publications
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.