
Let me explain the logic behind this trade as to why the target was hit in this short trade.
Trade execution post: https://www.reddit.com/r/CryptoIndia/s/xVdVwMn7EI
There was liquidity available above 65,700, and the market touched that level. I was waiting for a pullback to enter at that level. But there was no pullback; the price went straight down, resulting in my missing the early entry. But then I received an alert that a whale had built a $19 million short position in Bitcoin. I immediately executed a short trade.In this I had kept my risk to reward ratio low because I was already late.