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📉 Assessing the Potential for a Short Setup at $BTW
After an aggressive upward move, BTW is beginning to show early signs of exhaustion, with initial rejection signals and pullbacks starting to appear. ⚠️
A sharp rally is often followed by a correction period, and a 15–20% retracement remains a possibility if momentum continues to fade.
My approach is to scale into a position using a DCA strategy while carefully managing risk. Risk is not validated if there is continued movement above the 0.1500 level. 🎯
As usual, volatility is still fairly high, so position sizing and risk management are crucial. 🔥 #NFA