Bitcoin (BTC) Short Setup

21 nov 2023

BTCUSDT.P Short 1W

Rising wedge
+
Entrance 31745
=
Exit 18475

I am interested in your opinion on this algorithm of actions

deposit 20% of asset
order 20% of deposit
leverage ×20
cross margin
take profit 25+-% of order
stop loss 5+-% of order
day loss 1% of deposit
RR 1 to 5

Entry on negative news background
+
At negative mood of trendsetters
+
No nearby reports, speeches
+
Bearish chart and candlestick patterns
+
A pool of indicators signalling a downtrend

#DYOR