First trade: Bitcoin 92620 short, 92700 stop-loss, risk-reward ratio 2:1, reduce position to preserve capital. Second trade: Bitcoin 92650 short, 92800 stop-loss. Risk-reward ratio 1.5x.
Trading thoughts: 4-hour liquidity trapping, sufficient momentum, cleared enough short liquidity, turning downward, with structure, can attempt to short, stop-loss 80 points. Unfortunately, the first trade hit the stop-loss, but it's not a big issue, the loss isn't large. For the second trade, still clearing upward liquidity, releasing momentum, with structure to directly enter, slightly larger position than the first. The second trade almost hit the take-profit level as well, which also provided protection. Overall, in the afternoon, one take-profit, one capital preservation. Fees and profit are basically balanced.
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This afternoon's trading situation and thoughts:
First trade: Bitcoin 92620 short, 92700 stop-loss, risk-reward ratio 2:1, reduce position to preserve capital. Second trade: Bitcoin 92650 short, 92800 stop-loss. Risk-reward ratio 1.5x.
Trading thoughts: 4-hour liquidity trapping, sufficient momentum, cleared enough short liquidity, turning downward, with structure, can attempt to short, stop-loss 80 points. Unfortunately, the first trade hit the stop-loss, but it's not a big issue, the loss isn't large. For the second trade, still clearing upward liquidity, releasing momentum, with structure to directly enter, slightly larger position than the first. The second trade almost hit the take-profit level as well, which also provided protection. Overall, in the afternoon, one take-profit, one capital preservation. Fees and profit are basically balanced.