DYDXUSDT Perpetual Contract
Short
Updated

DYDX - Primary

148
Ok, we nailed the bottom for DYDXUSDT.P with the HTF idea.

I'll add my EW counts as a comment to keep the chart as clean as I can. PA wise, my main idea is to go a bit higher, pullback, then run towards 5$.

Disclaimer: The setups given aren't the way i'll play it. I don't like using stops in areas like this where I'm confident we'll reverse eventually. I scale in slowly until a break of structure on LTF (so that I don't have a liquidation level).

Note
EW - Bullish 1
snapshot

EW - Bullish 2
snapshot

EW - Bear
snapshot
Note
snapshot

up ~30% from that long entry.
Market looks great and all, but be careful.

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