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[Swing Trade] BITUSD short from HTF resistance

105
Hello fellow traders,

This chart should be pretty self-explanatory. At and above entry we have a cluster of HTF resistances. I would argue that this is a relatively low-risk trade because of the confluences at that level. Take a profit when the trade has been completed for 50% and move your stop-loss to entry.

Good luck and happy trading!

Kind regards,
n1d0
Nota
For less risk, but lower reward this is a good idea:

Above the stop-loss, we have 2 daily levels. You could open 50% of your position on the entry provided in the original idea ($0.786), and open the rest at the 2 daily levels ($0.834). Stop-loss percentage stay the same.

Less risk, but potentially 50% less reward.
Nota
Almost there.
istantanea

istantanea
Trade attivo
This trade is now active

istantanea
Trade attivo
Trade is going well, too bad we are in a weekend.

We are at the first support, taking a small profit might be a good idea.

Moving the Stop-Loss to entry might also be a good idea.

Good luck!

istantanea
Trade chiuso manualmente
Well, that's it for me. Closed at break-even.
On to a better trade!

istantanea
Trade chiuso manualmente
It seems like it's another episode of "Stick to the Plan"...

istantanea
Nota
Stick to the plan next time, have some confidence...

istantanea
Nota
My first idea posted on TradingView was fantastic, ironically I chickened out of the trade. Check the original idea and comments.

istantanea

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