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.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)