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📉 Observing Short Setup Potential at $BTW
After an aggressive upward move, BTW is starting to show early signs of exhaustion, with initial rejection signals and pullbacks beginning to appear. ⚠️
A sharp rally is often followed by a correction period, and a 15–20% retracement remains possible if momentum continues to fade.
My approach is to scale into positions using a DCA strategy while carefully managing risk. The risk remains invalidated if there is a continued move above the 0.1500 level. 🎯
As usual, volatility is moderately high, so position sizing and risk management are very important. 🔥 #NFA