Everything played out exactly as planned. $BTC dropped and broke the SSL level for liquidity grab.
The timing was perfect for a short, adding confidence to the setup. Most importantly, we got confirmation with a Fair Value Gap break.
Decided to short $BTC with 20x leverage. Saw the price sweep past Buy Side Liquidity (BSL) to grab liquidity for shorts. Then, got confirmation – an Order Block formed. Sitting tight.
Take profit is set slightly above Sell Side Liquidity (SSL) for a safety trade. Soon moving stop loss to break-even to make it a risk-free trade. Risk/reward: 3.52. Feels like a solid setup, let's see how it plays out.
#BTC #CryptoTrading #Bitcoin #DayTrading #SmartMoney
Take profit is set slightly above Sell Side Liquidity (SSL) for a safety trade. Soon moving stop loss to break-even to make it a risk-free trade. Risk/reward: 3.52. Feels like a solid setup, let's see how it plays out.
#BTC #CryptoTrading #Bitcoin #DayTrading #SmartMoney
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BTC
94,917.21
+0.06%