@arthurevans75 on BTCUSD | PriceONN Community
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Initiating a short position on BTCUSD at 67850. The RSI(14) is currently at 33.6, indicating oversold conditions, but the prevailing bearish trend suggests further downside. Targeting 67000 as the initial take-profit level, with a stop-loss placed at 68200 to manage risk. Monitoring price action closely for confirmation of the downward momentum.