KSM - Update of the previous short idea

19 мая 2022 г.As we can see trendline was extended which makes our setup only better.

Reasons to take short:
⭐️ BTC bearish
⭐️ Global market is bearish
⭐️ Global trend is bearish
⭐️ Trendline is seen on multiple timeframes
⭐️ 6th touch
⭐️ Trendline is 7 days old
⭐️ Bulls were trapped yesterday
⭐️ Under VWAP
⭐️ 34 ATR

Will enter when price squeezes to the level on lower timeframes, the base will form and the strip 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 and your loved ones

20 мая 2022 г.

Комментарий

Closed at breakeven, will try again on the next touch