BTCUSDT Short (Swing Trade)
We took out the last buyer on the 4H and we got a struggling buyer i.e sellers pullback. We can target the nearest support at 12555 USDT and the next target would be 11839 USDT we can go as high as 17415 USDT to target the last seller and it can be a spike (Stop Hunter) so, wider SL is much needed.
Entry: 14696
TP: 11846
Stop loss: 17389
Position Size: 1% Risk on your capital/ 7.4267E-07
Risk/Reward: 1:4 So, HH RR.
If TP is hit then we will be at 24% profit.
We took out the last buyer on the 4H and we got a struggling buyer i.e sellers pullback. We can target the nearest support at 12555 USDT and the next target would be 11839 USDT we can go as high as 17415 USDT to target the last seller and it can be a spike (Stop Hunter) so, wider SL is much needed.
Entry: 14696
TP: 11846
Stop loss: 17389
Position Size: 1% Risk on your capital/ 7.4267E-07
Risk/Reward: 1:4 So, HH RR.
If TP is hit then we will be at 24% profit.
Trade closed: target reached:
BTCUSDT Take profit hit, But I still sense a selling pressure coming in. No, Buy yet.
