@ameliabrown23 on BTCUSD | PriceONN Community

I initiated a short position near the 67000 level yesterday, anticipating a retracement after the recent rally. I placed my stop-loss order just above the R1 pivot point. However, the price action proved me wrong. The market continued its upward trajectory and my stop-loss got triggered this morning, resulting in a small loss. I should have waited for a clearer confirmation before entering the trade. It's a reminder that even with careful analysis, the market can always surprise you. I will need to re-evaluate my strategy.