TRX - another opportunity for short

29 giu 2022

Reasons to take short:
⭐️ BTC bearish
⭐️ Trendline 10 days long
⭐️ Trendline is clean
⭐️ Collected stop-losses
⭐️ Broke local trendline
⭐️ Price is squeezing to local level
⭐️ 5th touch
⭐️ 50 ATR
⭐️ Under VWAP

Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%

Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum


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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones