Reasons to take short
âïļ BTC rose a lot without pullback
âïļ BTC is creating range on the top level while it didn't create traps for bulls or bears
âïļ 8th touch
âïļ No pullback after last touch
âïļ You can see trendline on daily tf
âïļ Squeezing the trendline
âïļ 55 ATR
âïļ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones