This trade was based on a previous bullish trend that hit a high resistance zone. The price rejected that zone, lost momentum, and then broke through minor supports. That breakout was the confirmation to look for a short towards the next liquidity zone.
Trade Management
SL: above the last high / rejection zone.
TP1: first support or lower liquidity zone.
TP2: only if the drop maintains strength and clearly breaks structure.
Gross SL: 0.25%
Gross TP: 0.55%–0.60
$BTC
Trade Management
SL: above the last high / rejection zone.
TP1: first support or lower liquidity zone.
TP2: only if the drop maintains strength and clearly breaks structure.
Gross SL: 0.25%
Gross TP: 0.55%–0.60
$BTC
