Here’s a structured trade plan based on me *BTCUSD SELL* entry:
### *Trade Plan: BTCUSD SELL @ 105,300*
*Risk-Reward Ratio:* ~1:2.5 (assuming stop loss at resistance)
#### *Key Levels:*
- *Entry:* *105,300*
- *Stop Loss (SL):* *107,300* (above resistance, ~1.9% risk)
- *Take Profit (TP):* *93,600* (~11.1% downside target)
#### *Risk Management:*
- *Risk per Trade:* Adjust position size so that a move to SL loses an amount im comfortable with (e.g., 1-2% of capital).
- *Leverage:* If trading with leverage, ensure it’s low enough to avoid liquidation (e.g., 3-5x for conservative plays).
#### *Additional Notes:*
1. *Confirmation:* Wait for bearish rejection (e.g., pinbar, RSI divergence) near *107,300* before entering.
2. *Partial Profit-Taking:* Consider closing 50% at *~99,500* (midway TP) and trailing SL for the rest.
3. *Market Context:* Monitor Bitcoin sentiment (ETF flows, macro news) as breaks above *107,300* could invalidate the setup.
*Alternative Scenario:*
- If price breaks *107,300, the bearish thesis weakens—watch for a retest-then-rally toward **110,000*.
Would you like help refining the setup or analyzing supporting indicators (e.g., RSI, volume)?
### *Trade Plan: BTCUSD SELL @ 105,300*
*Risk-Reward Ratio:* ~1:2.5 (assuming stop loss at resistance)
#### *Key Levels:*
- *Entry:* *105,300*
- *Stop Loss (SL):* *107,300* (above resistance, ~1.9% risk)
- *Take Profit (TP):* *93,600* (~11.1% downside target)
#### *Risk Management:*
- *Risk per Trade:* Adjust position size so that a move to SL loses an amount im comfortable with (e.g., 1-2% of capital).
- *Leverage:* If trading with leverage, ensure it’s low enough to avoid liquidation (e.g., 3-5x for conservative plays).
#### *Additional Notes:*
1. *Confirmation:* Wait for bearish rejection (e.g., pinbar, RSI divergence) near *107,300* before entering.
2. *Partial Profit-Taking:* Consider closing 50% at *~99,500* (midway TP) and trailing SL for the rest.
3. *Market Context:* Monitor Bitcoin sentiment (ETF flows, macro news) as breaks above *107,300* could invalidate the setup.
*Alternative Scenario:*
- If price breaks *107,300, the bearish thesis weakens—watch for a retest-then-rally toward **110,000*.
Would you like help refining the setup or analyzing supporting indicators (e.g., RSI, volume)?
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
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.
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
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.