Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Im trading out a new method called overbalance aka correction 1:1 The idea is simple - during a swing You find the largest correction and highlight it with a square. Next step is to fit that square so the top line is on the HH of the current trend. You take the position on the lower end of the square (green thumb up) and set TP just slighty above the current high. I've made the trade from 4950 to 5495 which was pretty neat and now Im aiming for the next overbalance.