BTCUSDT channel short

Updated
Dear Friends! BTC has been trading in this channel for a while now so it is reasonable assume it will give us soon another short opportunity.

sell at 30530$
stop loss at 31000$
profit target 28730$

risk & reward ratio 1:4

Happy Trading!
Order cancelled
the price could not reach top of the channel anymore so we could not enter the trade which gives us bearish signal that i have explained here how to short
BTCUSDT descending triangle
BTCUSDTEconomic CyclesParallel ChannelSupport and ResistanceTrend Analysis

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