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.