CHF/JPY short trade idea: The supply zone is located at a high/expensive area on the daily chart. The initial take profit is set at a 1:3 risk-reward ratio, with potential adjustments depending on price action.
Here's a short trade idea for Bitcoin on the 4-hour chart. Based on location analysis, the price appears expensive on the daily chart. We need more price action to determine the optimal profit-taking point, but for now, the risk-to-reward ratio is 1:3.
