The expectation was correct
$BTC
$BTC
Post
--Bearish
fadynof
·
--
Bearish$BTC
Entry Point:
63,950.00 – [Reason: Re-testing the breakout zone and nearby liquidity]
🎯 First Target TP1:
63,830.00 – [Reason: Previous daily low and nearby liquidity]
🎯 Second Target TP2:
63,600.00 – [Reason: Structural level on a higher timeframe]
🛑 Stop Loss SL:
64,150.00 – Protected behind [the last Swing High and the price gap zone]
💡 Best Entry:
If the price returns to 64,050.00 (touching the FVG), the entry will be stronger with risk-to-reward leading to a better profit.
💡 Trade Management:
After achieving 50+ points or reaching TP1, move the stop loss to the entry price to protect profits.
Entry Point:
63,950.00 – [Reason: Re-testing the breakout zone and nearby liquidity]
🎯 First Target TP1:
63,830.00 – [Reason: Previous daily low and nearby liquidity]
🎯 Second Target TP2:
63,600.00 – [Reason: Structural level on a higher timeframe]
🛑 Stop Loss SL:
64,150.00 – Protected behind [the last Swing High and the price gap zone]
💡 Best Entry:
If the price returns to 64,050.00 (touching the FVG), the entry will be stronger with risk-to-reward leading to a better profit.
💡 Trade Management:
After achieving 50+ points or reaching TP1, move the stop loss to the entry price to protect profits.