$BTW ๐
Position: Sell @ 1.3208
Downside Stop: 1.4195 | Profit Target 1: 1.1484
BTW is looking interesting for a short position today.
- The trend is bearish, and price is currently trading in the premium zone of the dealing range.
- A recent change of character occurred 28 candles ago, indicating a shift to bearish momentum.
- Price has swept buy-side liquidity at 1.327, with the wick reaching 1.3499, just before reacting to the bearish order block.
- The entry is set at the low of the bearish order block, a zone expected to hold price.
- The stop loss is placed above the recent swing high and open buy-side liquidity at 1.4195.
- The target is set at the equal lows (sell-side liquidity) at 1.1484, offering a significant downside move.
Size it sensibly and let the trade breathe.
#Crypto #Trading #BTW
Position: Sell @ 1.3208
Downside Stop: 1.4195 | Profit Target 1: 1.1484
BTW is looking interesting for a short position today.
- The trend is bearish, and price is currently trading in the premium zone of the dealing range.
- A recent change of character occurred 28 candles ago, indicating a shift to bearish momentum.
- Price has swept buy-side liquidity at 1.327, with the wick reaching 1.3499, just before reacting to the bearish order block.
- The entry is set at the low of the bearish order block, a zone expected to hold price.
- The stop loss is placed above the recent swing high and open buy-side liquidity at 1.4195.
- The target is set at the equal lows (sell-side liquidity) at 1.1484, offering a significant downside move.
Size it sensibly and let the trade breathe.
#Crypto #Trading #BTW