BTC/USD. How you can make money - short-term trading plan
Updated
There is divergence on the 15m chart - every next descending impulse has lower volume. So, we can see correction.
If price will break the local resist. we can try earn by Long. Pay attention for every TP zone, they may be useful for Short deal (following descending trend).
If price will go to short zone3 - open Short following the trend.
If price will break POC line (11374) - trend will be changed on ascending.
Use Stop Losses!
If price will break the local resist. we can try earn by Long. Pay attention for every TP zone, they may be useful for Short deal (following descending trend).
If price will go to short zone3 - open Short following the trend.
If price will break POC line (11374) - trend will be changed on ascending.
Use Stop Losses!
Comment
Please, note! Short zone - its areas where we need to detect some consolidations and patterns which can give us a great opportunity to Short position following the trend. Do not set Limit Short orders, because situations may be different and if we will see strong rising impulse to Short zones, we can't open Short because impulses has property to continue.Trade closed: target reached
Congrat for traders who used 2nd scenario where price went to Short zone3 for earn money. Target reached
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