Bitcoin
Short

My trade plan: I have sold/short BTC/USD

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My Trading Plan: Sold BTC/USD

Note: This trade is for my own record. Please do your own research before taking any risk.

I have sold BTC around 27276.18
my Stop loss is fixed at 27426.05
I dispose half at 26,050
and I will exit my position at 25,850.

I am not afraid of this trade since my risk-reward is really good which is around 1:9.7. Lets see how it goes.

Multi time frame analysis has been done in this trade. Tools used are Fibonacci retracement and RSI.

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