BTC GOOD R:R SHORT

BTC has been on a massive move past couple of months, now after breaking ath it is in a rising wedge with rsi bearish div. Besides this the volume has also been going down showing that this move is weak and most likely will resort in a bounce back to 60k and maybe lower.

And countertrading the majority has shown to be a good idea, short when everyone is euphoric, long when everyone is in dysphoria

Invalidation will be closer above new ath 3.5 R:R

İşlem kapandı: hedefe ulaştı:

TP 1 achieved, closed 50%
CPI is negative today so leaving the rest run. 60k still looks good

Yorum:

Move SL to entry at 72k, not laying and eye on this trade any further. Made 25% on 5x.

Could bounce back to take short liquidity at around 75k . Short again after that.

All in all good trade.

İşlem kapandı: hedefe ulaştı

Yorum:

Amazing trade 15% no leverage.

İşlem elle kapatılmış:

One of the best trades on my profile. Went perfectly as predicted. this shows that no matter how others talk about the market, trust your own set-ups.

Closed all shorts here, we will move higher.