BTC SHORTING IDEA 2ND NOV
Updated
Trade Analysis:
5-Minute Order Block Rejection: Noticed a clear rejection in the 5-minute order block, indicating potential downside pressure.
Minor Support Break: Confirmed entry after the minor support was broken, suggesting bearish continuation.
BTC Trend Confirmation: BTC remains in a clear downtrend, unable to break previous highs, further supporting a bearish sentiment.
Risk Management: Only 50% capital allocated for this trade to control risk. If the price breaks below the next order block, there’s potential to capture significant points on the downside.
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5-Minute Order Block Rejection: Noticed a clear rejection in the 5-minute order block, indicating potential downside pressure.
Minor Support Break: Confirmed entry after the minor support was broken, suggesting bearish continuation.
BTC Trend Confirmation: BTC remains in a clear downtrend, unable to break previous highs, further supporting a bearish sentiment.
Risk Management: Only 50% capital allocated for this trade to control risk. If the price breaks below the next order block, there’s potential to capture significant points on the downside.
💬 Like, follow, and comment if you find this analysis helpful!
Trade closed: target reached
tp done
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