XRP idea
This strategy tends to work better on a macro (4h-D) downtrend, which we are currently in
Looking for this the TL to break just like the previous two had before it.
Don't get eager and enter right after a break, could be a fake out and bounce on TL.
Wait for a clear candle or two to confirm break of TL, then enter on the retest. Can be a pretty tight SL just above the TL
The future tends to mimic the past
Good luck friends
Looking for this the TL to break just like the previous two had before it.
Don't get eager and enter right after a break, could be a fake out and bounce on TL.
Wait for a clear candle or two to confirm break of TL, then enter on the retest. Can be a pretty tight SL just above the TL
The future tends to mimic the past
Good luck friends
Note
The blue circle could actually be anywhere below the TL if it is a confirmed break and retest.Bad illustration on my part with the blue circle
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.