BTC is testing the 28,400 level, pressure building from the recent swing low. The market shows a clear break of the prior swing high.
š“ $BTC SHORT š ā Trade Plan
ā¢ Entry: $77,437.29 ā $77,592.31
ā¢ Stop: $79,840.24 (-3.0%)
ā¢ Target 1: $76,352.08 (+1.5%)
ā¢ Target 2: $73,639.06 (+5.0%)
ā¢ R/R 1:1.7 | Confidence 64%
The CHoCH confirmed a bearish swing, while CVD turned negative confirming the move. A fair value gap aligns with an order block, creating a POI where the OB and FVG overlap. Structure now points to a short bias with the next swing low as the target.
A 3.0% stop is fairly tight, so use 2-3x leverage.
Lock in half of the position at TP1 around 27,600.
Not financial advice ā always manage your own risk š
$BTC #BTCUSDT #FedWatch #TradingSignals #Write2Earn
š“ $BTC SHORT š ā Trade Plan
ā¢ Entry: $77,437.29 ā $77,592.31
ā¢ Stop: $79,840.24 (-3.0%)
ā¢ Target 1: $76,352.08 (+1.5%)
ā¢ Target 2: $73,639.06 (+5.0%)
ā¢ R/R 1:1.7 | Confidence 64%
The CHoCH confirmed a bearish swing, while CVD turned negative confirming the move. A fair value gap aligns with an order block, creating a POI where the OB and FVG overlap. Structure now points to a short bias with the next swing low as the target.
A 3.0% stop is fairly tight, so use 2-3x leverage.
Lock in half of the position at TP1 around 27,600.
Not financial advice ā always manage your own risk š
$BTC #BTCUSDT #FedWatch #TradingSignals #Write2Earn