Good short set up for BTC

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Entry price: 7125
Target: 6800
Buy-stop: 7325
R:R - 2.34

This trade will cost me a max of 0.5R if I am stopped out. Two consecutive daily close above 7200, and I close this trade
I am taking the trade because I like the odds, and BTCs inability to get a daily close above 2020 opening price once again.

Trade at your own risk and this is not a financial advice.

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تم فتح الصفقة

Stop-Loss moved to 7200, and 25% position reduced by taking profit at 7050.
New R:R: 4 for 75% of the original position.
New Overall R:R for the trade: 3

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تم فتح الصفقة

Looks like 7050 is holding well on the hourly. So, moved my stop-loss to break even.
25% was already booked with profit of 1%. So, happy with it.

If you like my trades, please follow me on twitter foolsbookie
You can also open a Bybit account with my referral ID where we both get bonus amount if you deposit money after opening an account from this link bybit.com/app/register?ref=p2OOQ

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أغلقت الصفقة: تم الوصول لوقف الخسارة

Profited 0.25 R because I always take profit in a day to minimise my loss