BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Since we are in a correction and there is a descending triangle we should be heading lower. Once the triangle breaks I like to short on top of the triangle so risk reward is better with a tight stop loss but safe entry would be at the break of the triangle also with a tight trailing stop loss in case it retest the support of the triangle as resistance then enter again after confirmation .

Just a note I am a scalp trader so patterns are for short term

Never go against the trend

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out