BTW is battling below the 30โday EMA, with the price stuck under the recent swing high. Momentum is waning as sellers dominate the last 12 bars.
๐ด $BTW SHORT ๐
Entry $1.8989-$1.9027 | SL $1.9578 (-3.0%) | TP1 $1.8723 (+1.5%) | TP2 $1.8058 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke on a clear change of character as the last low undercut the prior swing, confirming a bearish bias. Volume divergence showed buying pressure drying up (CVD) while a fair value gap aligns with an order block, creating a POI where the OB and FVG overlap. This confluence drives the short entry with a 1.7 riskโreward.
A 3.0โฏ% stop is relatively tight for a swing trade, so keep leverage modest, around 2โ3ร.
Consider taking half profit at the first target around 1.5โฏ% move.
DYOR โ this isn't financial advice, size your risk accordingly ๐
$BTW #BTWUSDT #CPIWatch #TradingSignals #Write2Earn
๐ด $BTW SHORT ๐
Entry $1.8989-$1.9027 | SL $1.9578 (-3.0%) | TP1 $1.8723 (+1.5%) | TP2 $1.8058 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke on a clear change of character as the last low undercut the prior swing, confirming a bearish bias. Volume divergence showed buying pressure drying up (CVD) while a fair value gap aligns with an order block, creating a POI where the OB and FVG overlap. This confluence drives the short entry with a 1.7 riskโreward.
A 3.0โฏ% stop is relatively tight for a swing trade, so keep leverage modest, around 2โ3ร.
Consider taking half profit at the first target around 1.5โฏ% move.
DYOR โ this isn't financial advice, size your risk accordingly ๐
$BTW #BTWUSDT #CPIWatch #TradingSignals #Write2Earn