✔️📉 My top 3 swing shorts for
$BTC with different entry options and stop losses:
- aggressive short without confirmation with R/R=6.7
- short on the 3rd peak divergence with R/R=7.9
- short on the first red candlestick with R/R=8.2
In all cases, I've used ICT logic - price moves from one liquidity zone to another liquidity zone. "Magnetic" levels are the key levels with liquidity.
Knowing this logic, we can assume that after "smart money" has taken liquidity above 79,000 and closed long positions at the order block, they will take all the liquidity down to 59,800 on the falling structure.
The only thing we can't know is whether all three levels will be taken out at once or sequentially with a slight rise in between.
For example, in the last cycle, they were taken out one by one - one level → rise → second level → rise, etc.
#BTCShortTrade