BTS - Obvious short

30 May 2022

Reasons to take short
⭐️ BTC rose a lot without pullback
⭐️ First touch of daily level after long break
⭐️ On 5m timeframe strong trendline for short
⭐️ In the end of formation
⭐️ Slowly squeezing the trendline
⭐️ 140 ATR

Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%

Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum


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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones