Short-term BTC shorting opportunity
BTCUSD.P
is showing a short-term shorting opportunity. A new resistance level has been formed from where the price seems to be getting bounced back. I opened a short position with take profit on the ascending triangle support level. Risk-reward ratio about 1:1. I'm bullish on the general direction of BTC still but I believe we can scalp some profits by shorting it momentarily.
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