BTC shows a head-and-shoulders top pattern in the candlestick chart
I went short on the left side with a small position. After the trend is confirmed, I added to the short. My stop-loss and take-profit levels are shown in the picture. I led with the short first; if I’m wrong, I’ll stop out. If I’m right, I’ll hold. This is a trade with a close to 1:5 risk-reward ratio—it’s definitely worth doing. Remember: a stop-loss is your lifeline. Trades without a stop-loss are suicide-style trades! $BTC $ETH
I went short on the left side with a small position. After the trend is confirmed, I added to the short. My stop-loss and take-profit levels are shown in the picture. I led with the short first; if I’m wrong, I’ll stop out. If I’m right, I’ll hold. This is a trade with a close to 1:5 risk-reward ratio—it’s definitely worth doing. Remember: a stop-loss is your lifeline. Trades without a stop-loss are suicide-style trades! $BTC $ETH