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Artem_Dishel
Jun 29, 2022 5:16 AM

TRX - another opportunity for short Short

TRON / TetherUSBinance

Description

Reasons to take short:
⭐️ BTC bearish
⭐️ Trendline 10 days long
⭐️ Trendline is clean
⭐️ Collected stop-losses
⭐️ Broke local trendline
⭐️ Price is squeezing to local level
⭐️ 5th touch
⭐️ 50 ATR
⭐️ Under VWAP

Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape 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
Solldy
Hmm, pretty interesting publication. I agree with the arguments. I wonder what your long-term asset strategy is?
Artem_Dishel
@Solldy, Not really DCAing right now, don't feel like BTC is at the bottom
DeGRAM
Thank you. Great job. Two thumbs up!
Artem_Dishel
@DeGRAM, You are fire🔥
UnknownUnicorn15614419
That's a very interesting point of view
Artem_Dishel
@TradingStat, Always good to see something different
RLinda
Good job. THanks for sharing)
Artem_Dishel
@RLinda, 🔥
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