📉💥BTC Short-term Short Position💥📈

12 thg 12, 2022

BTCUSDT
BTCUSD

First take a look at my previous analysis and positions.
💥Channel break pattern💥
While price is inside the yellow area, you can open short position in two steps.
If the price falls and reaches the TP1, you can risk-free the position.
TP1-2-3-4-5-6-7 are on the chart.
The optimum stop-loss1-2 are on the determined area.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌

12 thg 12, 2022

Ghi chú

12 thg 12, 2022

Ghi chú

💥Fake break alert!
If the daily candle closes above the lower line of the channel, there is a possibility of a change in the price trend. In that case, closing the position or opening a reverse position is more logical.

13 thg 12, 2022

Ghi chú

💥After the daily candle closes inside the channel and forms a fake breakout pattern, Bitcoin starts to climb with the release of CPI data.