ijustcoin

DOTUSD - A quick short-term pullback

Short
FTX:DOTPERP   Polkadot Perpetual Futures
Hi, everybody!

As you already noticed i've strated to use another set of indicators for my trades.
Since i am new to this i am placing only small bets, that's why my postion-sizing is very careful.

* DON'T BE AN IDiOT AND THiNK FOR YOURSELF!
* THiS iS NOT A FiNANCiAL ADVICE!

TRADE:: DOT_01_02052021
STATUS:: Opened

TYPE:: Short
PATTERN:: N/A
SIGNAL:: 3H Phoenix (Green crossed Red Rsi while it was going down)
FILTER:: 90M cross

VOLUME:: $1000
ENTRY:: 20.613
TP1:: 17.634
TP2:: 16.6XX
SL:: 22.086
R/R:: 2.66
RISK:: $75
REWARD:: $200

PROS::
1. 3H Green is lower than the energy, lower high is very possible.
2. 12H energy went down below the 50


CONS::
1. 90M green is higher than the energy


OVERALL::
* We need the green to fall below the energy on 90M
* We stand a chance to go down at least to 6H yellow basis if we see the Green going to cross Red Rsi on this 6H timeframe
* We need blue LSMA on 6H to fall down with the price to be more confident that price fill hit my targets
* Always keep in my that the price should not change drammatically during period of upward or downward pressure

👑 More signals in my Telegram channel: t.me/+Cab4_yk4oRFmOWI6
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