BTCUSDT Short trading idea

22 Mar

BTCUSDT.P

Short trading idea
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Head and shoulders
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Rising wedge
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Fibonacci retracement 0.618
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Fibonacci retracement 0.786
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Retest level 30000
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Enter 61175
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Exit 53921 + 47241 + 31047

I am interested in your opinion on this algorithm of actions

deposit 20% of the asset
order 20% of deposit
shoulder ×20
cross margin
take profit 25+-% of the order
stop loss 5+-% of the order
day loss 1% of deposit
RR 1 to 5

Short position

Enter against a negative news background
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When trendsetters are in a negative mood
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No upcoming reports, speeches
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Bearish chart and candlestick patterns
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A pool of indicators signals a downtrend

#DYOR