Reasons to take short:
โญ๏ธ BTC bearish
โญ๏ธ Level is 8 days long
โญ๏ธ Trendline is clean
โญ๏ธ Trapped bulls
โญ๏ธ In the end of formation
โญ๏ธ Price is squeezing to local level
โญ๏ธ 3rd touch
โญ๏ธ 40 ATR
โญ๏ธ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments๐๐
If you like the idea, please give it a like. This is the best "Thank you!" for the author ๐
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
โญ๏ธ BTC bearish
โญ๏ธ Level is 8 days long
โญ๏ธ Trendline is clean
โญ๏ธ Trapped bulls
โญ๏ธ In the end of formation
โญ๏ธ Price is squeezing to local level
โญ๏ธ 3rd touch
โญ๏ธ 40 ATR
โญ๏ธ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments๐๐
If you like the idea, please give it a like. This is the best "Thank you!" for the author ๐
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
๐if you want to join a private community to follow my trades, explore trading plans and chat with real traders ๐ bit.ly/AdminKeps
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