TradingOn

$BTC/USD 12h (Binance Coin-Futures) Rising wedge breakdown

Short
TradingOn Updated   
BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
Bitcoin has broken bearish locally and is likely to retrace down, probably after a last push up.

RR= 1:1.35 | 1:2.3 | 1:3
P= +27.42% | +46.62% | 60.84%
L= -20.31%

Leverage: Isolated (3X)

Entry Zone:
46751.4 - 48499.6

Take-Profit Targets:
1) 43274.8
2) 40223.4
3) 37965.7

Stop Targets:
1) 50850.8
Trade closed: stop reached:
SL hit with -20.31% (3x) and -1R

After almost reaching 1st target with up to +20.79% (3x), Bitcoin bounced back.
Stop held for 2 weeks which is quite a performance, but now it broke-out bullish, time to look up again!


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