Bitcoin Perpetual Futures
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BTC Swing failure at top of the range - Short idea

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BTC has had a big upswing to the top of the range that it has been working in for the last couple of weeks and on the 4 hr close achieved a SFP indicating it might drop back down.

RSI is not fully oversold on the 4 hr just yet, but this is worth a shot IMO and presents good R:R at this point in time

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Just to note i will close this trade if price does not drop reasonably quickly and consolidates at the top of the range beneath the resistance line, this would signify an impending breakout IMO
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Im going to close out this trade as the price didn't drop quick enough and is forming a pennant on the lowert ime frames
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flipped long actually
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might have played myself here welp

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