AmpFury

Dash Break to complete zee bart

Short
AmpFury Updated   
FTX:DASHPERP   Dash Perpetual Futures
Lack of follow thru strength, leads me to think this level cant hold much longer, decent RR.

Deviating from my regular strat but only because the R looks so appealing.
Trade active:
Stop placement i use in every trade is protective only incase of some uber wick event. Will be more likely to manually close this depending on PA, for example 15m closes above 151.35. All very close and tight i am aware but the goal here is to see a sharp break and to be well into profit quickly, if not no issues with taking a small Lose.
Trade active:
TP order set at 146.910
Entry can can one retest before moving stop close, will still manually close if there are 15m closes above entry that look strong, for now hoping we get that fast move down.
Trade active:
Lucky move on our favor, stop moved to 150.075 just above 15M engulfing candle which is a sell entry for me anyway, slight profit if we get stopped, keeping TP target in place for now.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.