BTC afternoon trading analysis
At 12 noon, the hourly chart short signal of BTC was established.
After this signal is confirmed, whether to do it or not depends on the size of the profit margin and the ratio of stop loss. If the profit-loss ratio is above 2:1, you can do it. If it can't be 2:1, don't do it.
The profit size of the hourly chart short order depends on the position of the four-hour support, and the current four-hour support of BTC must be at least 62260.
Then this signal can form a strategy
Entry point: 64400
Stop loss point: 65000
Take profit point: 62300
Profit-loss ratio: 3.5:1
So, not all signals need to be done, you have to calculate the profit-loss ratio. If you have wisdom but no courage, you are a coward, and if you have courage but no wisdom, you are a reckless man.
