BTC/USD has been trading in a downtrend these last days. I am expecting another push down before buyers start accumulating around 1/3rd of its highest selling price. Entering short as close as possible to $8600 with stops above $8800 and looking for 2R/3R targets around $8000-$7600 seems reasonable.
Trade active:
Short entry $8560
Trade closed: target reached:
1R target reached.
Trade closed: target reached:
2R target reached
