$BTC Short Limit Hit right from the top wick and drop to earn 1R 🎆🎆
Atm, you can do any of the following options to manage this profitable position ⤵️
1️⃣ Close 50% and do not change SL
If you close 50 and leave the initial SL, this is the same to set BE.
The pros are:
- You feel like you get some actual profit
- You are now break-even if the initial SL is hit (Close 1R, Risk 1R)
The cons:
- If this position hits full TP, your profit will be fewer as you already closed at 1R positive
2️⃣ Move SL to Entry (BE)
Pros:
- You can earn 100% profit if this position hits TP
- No matter what, if BE hits, you lose nothing
Cons
- Your position might be swept, then $BTC goes to full TP - You get nothing


