Parsing a position, I close the long and open a short position

Hello dear friends.

At this time, assessing the situation with Bitcoin, we can say that the resistance level at this mark as - 37300-37700 - is very strong, but the level is pushed up.

We also have a rising wedge, at 1h TF, which in 93% is punched to the bottom + weakens the volume.

Which means that soon the price will be pushed down.


Therefore, I close our long position at 37600, take 1000 profit pips, and open a short position from that 37550-37650 level.

Short: 37650
Target: 36300 - 35220 - 34560 - 31970
Stop loss: 38500

I allocate 2 percent for this trade with a maximum leverage of x3. (Not more)


If we take into account this situation in the direction of a long position, then only if the level of 38150 is broken through at 1 hour of TF.

This will mean that the price will return to values ​​of 40,000 and above.
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