DOTUSD (4H) - Bearish reversal Short

DOT / US DollarBinance

Description

⋅ Jan 18, 2023 9:09 PM

Hi Traders

DOTUSD (4H Timeframe)

Waiting for the downward break of 5.60 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 6.21 would cancel the bearish scenario.

Trade details

Entry: 5.60
Stop loss: 6.21
Take profit 1: 5.27
Take profit 2: 4.88

Score: 4
Strategy: Bearish reversal

Trend Analysis

Comments

simpsonepic1a

⋅ Jan 20, 2023 6:41 AM

Thanks for your great charts.Why have you shorted now after you posted a long from 5.8?

JamesLeblancTheRealist

⋅ Jan 20, 2023 8:51 PM

@simpsonepic1a, The exact opposite of what he is saying has been happening every single time...