BTC WEARS SHORT SHORTS?
I am still bullish on BTC overall.
Looking at a short term short trade which is approx 4:1 risk reward.
For me to take this trade i need the following to happen:
-LH or Triple top with good sign of rejection
-Break of 1hr trend line
-Break of support line and retest to confirm its resistance
only if these three things happen I will take the trade as this is counter-trend trading we need more confirmation
Looking at a short term short trade which is approx 4:1 risk reward.
For me to take this trade i need the following to happen:
-LH or Triple top with good sign of rejection
-Break of 1hr trend line
-Break of support line and retest to confirm its resistance
only if these three things happen I will take the trade as this is counter-trend trading we need more confirmation
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