I am using SUPER low risk on this trade as I already caught the uptrend twice and made my money for the week!
Key points: 1. Currently on a pull back if it break 1.05142 the trade is no longer valid
This is my own analysis I do not provide financial advise take the trade at your own risk.
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As well 1.05285 zone is being respected on the H1 with 4 wick rejections.
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Market is below a resistance, if ANY candle >>>closes below 1.05275<<< close the trade out but it must close below 1.05275 in order for trade to be invalid.
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Hey J I been trading since August 2020, Non stop 6 to 7 days a week as well I would trade crypto on the weekend. I trade based off market structure HH - HL and LL -HL plus support and resistance. Then just a fib. oh and candle stick analysis.
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Closing trade and losing 3 pips
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Don't like the engulfing candle with the resistance retest.
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Looks like a sell setup but I wont trade it, Ill wait for a better set up
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.