BTC short - swing trade

May 24, 2023
In this short swing since the 15th May 2023.(personal entry 27K but added so aggr. 26.8K)
PA is finally breaking to the downside and opening the range 26.6K-24.5K. Mid point would be 25.2K

Expect a retest of 26.6K to open or add to short positions.

Entry: 26.6K retest or market (be aware of risk 1-5%)
SL above daily highs if entry at market
SL above 27.5 if entry at retest

TP 25.2K
TP 19400
TP 15975


Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.