LTCBTC Short

I would like the price to hit the top line of red rectangle (D1 resistance)

2 targets (green lines on chart)

Reason I'll enter this trade: Picture perfect rounded retest of resistance level (1st test is best for high probability short)

R:R is 2.24, so can't complain

Trade attivo:

The extra spike on Bitmex helped and my short orders get filled. Screenshot posted on twitter (link below)

twitter.com/traderba.../1045420624926126080

Guess what, immediate 3% rejection from my entry.

Commento:

Target 1 hit with precision. Closed 50% and locked in 5% profit.

Trade chiuso: obiettivo raggiunto:

Target 2 hit.

Closed remaining half.

Overall 7.82% profit from this trade.