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RossJohnson
Feb 1, 2021 6:57 PM

Upward trendline broken, bearish signal Short

Dogecoin / TetherUSBinance

Description

Trendline broke on the 4hr chart, bearish signal.
Comments
RossJohnson
To be safe you can let a 15 min candle close over .379 and get in. Then set a stop loss order at breakeven so it gets you out with minimal loss if things go south.
fxnewbie12
how will I know if it bullish at .379 am a newbie
RossJohnson
@seedbaba currently, it still looks bearish
RossJohnson
bearish confirmee
RossJohnson
confirmed*
RossJohnson
if it breaks and closes over .379 then its bullish. If it doesn't then target of .28 of the moving average or .22 for the main fib retracement
fxnewbie12
what is the new buy position
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