— Technical formation: wedge, supported by divergence on higher timeframes, dangerously close to the level, but the movement has not developed for almost a month. Strong short signal on Bitcoin has already played out.
— Entry: $13.125 Market buy
— Stop: $12.55 – 4.5% (this is the percentage of price movement from entry to stop, NOT percentage of loss)
— Target: $16.5
Risk per trade: 1% of total deposit – this is the actual percentage of loss
Position size: 20% of total deposit, leverage 10x
RR 1:6
Trade active
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.