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Artem_Dishel
Jun 9, 2022 10:06 AM

LRC - Waiting for trendline to breakdown Short

Loopring / TetherUSBinance

Description

Reasons to take short
⭐️ We are in a bear trend
⭐️ Trendline is clean
⭐️ Trendline is 10 days old
⭐️ Volume at top
⭐️ Pullbacks are getting smaller
⭐️ 4th touch
⭐️ 45 ATR

Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%


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 and your loved ones
Comments
Leo-btm
nice one, 👍
YMGroup
Logical chart ! I Like it, ltc.usd can give good profit
Solldy
I don't agree with all the arguments this time, but it's a very interesting point of view. I will keep this idea in mind during my trading. Thanks for the idea, mate)
HAMED_AZ
Nice Idea
RLinda
Thanks for sharing. Nice job. Keep it up)
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