BTCUSDT.P

Short trading idea
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Head and shoulders
+
Rising wedge
+
Fibonacci retracement 0.618
+
Fibonacci retracement 0.786
+
Retest level 30000
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Enter 61175
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Exit 53921 + 47241 + 31047

I am interested in your opinion on this algorithm of actions

deposit 20% of the asset
order 20% of deposit
shoulder ×20
cross margin
take profit 25+-% of the order
stop loss 5+-% of the order
day loss 1% of deposit
RR 1 to 5

Short position

Enter against a negative news background
+
When trendsetters are in a negative mood
+
No upcoming reports, speeches
+
Bearish chart and candlestick patterns
+
A pool of indicators signals a downtrend

#DYOR
btctechnicalanalysisbtctradebtctradingbtctrendbtcudstBTCUSDBTCUSD1WbtcusdanalysisHead and ShouldersPivot PointsWedge

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