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outlier1500
May 13, 2021 12:28 AM

BTCUSDT 2-2 WEEKLY BEARISH REVERSAL #TheStrat Example Short

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Description

A trade you could have taken per Rob Smith's #theStrat. Most of this movement occured over only a few hours and played out hitting perfectly at the bottom of the broadening formation. You could have set your take profit once it made a lower low on the broadening formation, or if you are conservative taken profit on the 2 up before the reversal as shown.
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