BTCUSDT Short
As BTC is taking up its phase to make HH and reach the top of the channel on the daily on the overall perspective I am bullish for a while on BTC and I would like to take the advantage of Bagging some satoshis I am seeing some sellers coming in atm. As we are working with an upward channel and BTC is facing some resistance and that is one important area to consider. But on a whole, I am anticipating some sellers to come in and not so aggressive as before. I am targetting the seller's recent breach and Bottom of the channel as the target.
Risk Management
Entry: 12473 USDT
Tp: 11347 USDT
Stop Loss: 13016 USDT
Profit and Loss Percentage: 9.92% and 4.3%
Risk/Reward: 1:14
As BTC is taking up its phase to make HH and reach the top of the channel on the daily on the overall perspective I am bullish for a while on BTC and I would like to take the advantage of Bagging some satoshis I am seeing some sellers coming in atm. As we are working with an upward channel and BTC is facing some resistance and that is one important area to consider. But on a whole, I am anticipating some sellers to come in and not so aggressive as before. I am targetting the seller's recent breach and Bottom of the channel as the target.
Risk Management
Entry: 12473 USDT
Tp: 11347 USDT
Stop Loss: 13016 USDT
Profit and Loss Percentage: 9.92% and 4.3%
Risk/Reward: 1:14
Trade closed: target reached:
As I am stopped out and I am still bearish on this pair So, I re entered this trade after seeing a wick on the top telling me some serious selling is coming in.
Trade closed: target reached:
TP 1: Got hit
Trade closed: target reached:
TP 2 got hit.
Comment: