The outlook on BTCUSD is rather clear, after the Up Trend channel broke, it doesn't make a higher high. We saw a potential U-turn with the immediate profit taking at the RBS zone.
Here is my personal trade call: Sell Limit at $11,648.50 Stop Loss at $11,922.50 Take Profit at $10.522.50 Risk Reward Ratio = 4.58R
Disclaimer: The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot sizing according to your appetite. If you are benefiting from my trade opinion, please buy me coffee . As always, move your SL when you are in the profit zone.
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