@divya8670 on BTCUSD | PriceONN Community
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Okay, so I've been watching BTCUSD closely and I'm thinking of trying a small short position. The RSI is below 40, which seems bearish, and the price is under the 20 SMA. But I'm also seeing the Bollinger Band is pretty wide. I think I'll set a tight SL just in case, maybe around 67000. My TP would be around 66000, just above S2 pivot point. Does this sound too risky for a beginner? I'm only risking a small percentage of my account, btw.