Potential Bitcoin Trade Chart Mark
Ticker / pair: Bitcoin
Long or short: Short
HTF Zone: Weekly / Supply Zone
Entry: 113,500
Stop: 127,000
Target: 60,600
Risk per trade: 2.57
Why you like the setup: Around the 126, 956 price point, a strong bearish candle formed starting the downward trend, the confluence was a bearish flag pattern along with break of structure shifting from bullish to bearish downtrend. The lower low point there was a liquidity sweep. I believe the price action will retest the supply zone for a breakout to down trend. If price action breaks the Higher High point, I will not take this trade.
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Potential Bitcoin Trade Chart Mark
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