$BTC IDEA: BEARISH‼️(Read to the end)
With price currently on a H1 Supply zone and shown some signs of rejection from the zone, I have entered shorts of course with stop loss above the supply. Another reason is $BTC has swept liquidity before getting to the zone that aligns with the recent bearish momentum.
The role of a stop loss is to protect your capital from disaster in case price doesn't respect your analysis. Do not be too proud or egocentric to use one. Having a stop loss is not being weak🙂. Remember playing defense is also the best form of attack.
Feel free to scrutinise my idea below( I'm on the trade anyway 👀) and comment your thoughts below. Make sure to also follow for more posts. As I always conclude, I wish everyone reading this a Profitable crypto journey.