After reaching a new high, BTCUSD faced rejections with each upward attempt, resulting in the formation of a downtrend. This downtrend is expected to persist unless the trendline is broken. Currently, BTCUSD is experiencing another rejection, and if this rejection is confirmed at the top of the trendline, it indicates a bearish outlook.
-TP and SL are marked.
-Risk only 1% per trade.
-Once the trade is 1000 in profit move SL to Breakeven