BTC Short Term Long Trade Idea – Tight Risk, Quick Stop
#short #btc70k #tradingtechnique #BTC☀ #BinanceSquareFamily
Tried a **long trade** with BTC, expecting it to form a base and bounce.
- Entry Price : 63814.4
- Stop-Loss (SL) : 63663 (tight SL for safety)
- Targets :
- TP1 : 63997.40
- TP2 : 64219.11
- TP3 : 64662.34
Risk-reward aimed for at least 1:3 , but the SL hit quickly before targets were reached.
Conclusion : Trade closed quickly due to stop loss. Risk management is crucial in volatile trades like this.
Advice : Always use tight stops in risky trades and be prepared for quick moves!