Here’s a trade setup for BTC/USD based on your inputs:

Trade Details:

1. Trend: Bearish


2. Selling Zone (Entry Point): 94,439


3. Action: Look for a short position.



Key Considerations:

1. Stop Loss:

Place the stop loss above a recent resistance level, e.g., 95,500 or 96,000, depending on volatility.



2. Take Profit Levels:

Identify key support areas below 94,439. Potential targets:

1st target: 92,000 (near-term support).

2nd target: 90,000 (psychological level).

3rd target: 88,000 (major support).




3. Risk/Reward:

Calculate the distance between the stop loss and entry to ensure a 1:2 or better risk/reward ratio.

Example: If the stop loss is at 95,500 (1,061 pips), aim for at least 92,000 (2,439 pips profit).



4. Confirmation Signals: