BTCUSD - Possible sells?

Here is our signal on BTCUSD. Potential short opportunity.

As the price on BTCUSD is moving in a “range” we could take this into our advantage and sell BTCUSD at the top of it. With smaller time-frames such as m15 we can see a clear break of the 100k support zone. We can enter into safe sells and target at around 98k. Our entry is sitting at the break of the support zone at 100296. Our SL (Stop Loss) is sitting at 101273 while our TP (Take Profit) is sitting at 98276.

PARAMETERS

- Entry: 100296
- SL: 101273
- TP: 98276


KEY NOTES

- BTCUSD broke the support zone on m15.

- BTCUSD is trading in a range.

- We are at the top of the range.

Happy trading!

FxPocket