Serene_Crypto

MCB 1h short

Short
FTX:MCBPERP   None
Setup: MCB is on a downtrend. Furthermore, the big red candle rejection off the 20 EMA confirm this.

Entry: 4.88

SL: Trail using ATR trailing stop loss value of 3.1. Current value is at 5.07

TP: 4.36
Comment:
Close trade for a 0.72R profit, seeing the BTC showing some signs of reversal

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.