I focused on a short-term swing trade during a period of moderate volatility, where price was respecting clear support and resistance zones. Liquidity was building near previous highs, suggesting a possible breakout or rejection scenario.
Entry Logic: I entered the position after a confirmed higher low on the 15-minute chart, supported by increasing volume and a bullish candle close above the intraday resistance. My entry was intentionally conservative, waiting for confirmation instead of anticipation to reduce false breakouts.
Risk Management: Stop loss was placed below the most recent higher low, aligning with my rule of risking no more than 1.5% of total capital per trade. Position size was calculated accordingly to maintain discipline regardless of market emotion.
Exit Strategy: My primary take-profit target was set near the next major resistance level, where previous selling pressure appeared. A secondary partial take-profit was planned to lock in gains if momentum slowed. Once price moved in my favor, I adjusted the stop to breakeven to protect capital.
Result and P&L Review: The trade reached the first target smoothly, allowing me to secure partial profits. Price later showed weakness near resistance, triggering my final exit. Overall, the trade closed in profit with a positive risk-to-reward ratio of approximately 1:2.3.
Strategy Insights: This trade reinforced the importance of patience and confirmation. Waiting for structure and volume alignment significantly improved entry quality. I also noticed that scaling out helped reduce emotional pressure during volatile moves.$BTC
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#ShareMyTrade Market Context:
I focused on a short-term swing trade during a period of moderate volatility, where price was respecting clear support and resistance zones. Liquidity was building near previous highs, suggesting a possible breakout or rejection scenario.
Entry Logic:
I entered the position after a confirmed higher low on the 15-minute chart, supported by increasing volume and a bullish candle close above the intraday resistance. My entry was intentionally conservative, waiting for confirmation instead of anticipation to reduce false breakouts.
Risk Management:
Stop loss was placed below the most recent higher low, aligning with my rule of risking no more than 1.5% of total capital per trade. Position size was calculated accordingly to maintain discipline regardless of market emotion.
Exit Strategy:
My primary take-profit target was set near the next major resistance level, where previous selling pressure appeared. A secondary partial take-profit was planned to lock in gains if momentum slowed. Once price moved in my favor, I adjusted the stop to breakeven to protect capital.
Result and P&L Review:
The trade reached the first target smoothly, allowing me to secure partial profits. Price later showed weakness near resistance, triggering my final exit. Overall, the trade closed in profit with a positive risk-to-reward ratio of approximately 1:2.3.
Strategy Insights:
This trade reinforced the importance of patience and confirmation. Waiting for structure and volume alignment significantly improved entry quality. I also noticed that scaling out helped reduce emotional pressure during volatile moves.$BTC