Patrick2707

BTC short - swing trade

Short
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Held a nice short swing trade on BTC and finally got to my tp. Taken a few days longer than expect but we eventually got there and pa is currently trading even lower.

Simply trading the market and following the market structure.

Entry 64015
TP 59720
SL 66025

Nothing more than trading within the range and using HTF liquidity points as entry and exits.
Considering the overall market and DXY continuing to push higher we should expect further downside on BTC from here IF we fail to create and hold new highs.

Let's see where the MARKET WANTS TO GO AND JUST FOLLOW ITS LEAD

Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.