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Artem_Dishel
Aug 10, 2022 11:26 AM

DYDX - Beautiful short Short

DYDX / TetherUSBinance

Description

Reasons to take short:
⭐️ CPI released today
⭐️ Couldn't update high
⭐️ Volume at top
⭐️ Level is 51 days old
⭐️ Level is seen on daily tf
⭐️ 4th touch
⭐️ Under VWAP

Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.

Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum


What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊

P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
Comments
DeGRAM
Thank you for sharing your analysis. Great job!
Artem_Dishel
SwallowPremium
Following the trendline beautifully, is 2.730 your resistance? thanks for posting
Artem_Dishel
Tolberti
Nice trading setup, good work!
Artem_Dishel
@Tolberti, Thanks
Solldy
Great idea, first time I've seen it, but I've seen some points in similar ideas. Making your charts reminds me of something. I wonder if you take cluster analysis into account when writing your idea.
Artem_Dishel
@Solldy, I do
HAMED_AZ
thank you for sharing
Artem_Dishel
@HAMED_AZ, Always a pleasure
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