People - Update of idea that gave 1:10
https://www.tradingview.com/chart/PEOPLEUSDT/koAh85Q1-People-You-need-to-see-this-trendline/
Last time we longed People and earned good profit. Now price is squeezing to support and I will short it.
Reasons to take short:
⭐️ Today BTC futures exprire, I expect trend reversal for BTC
⭐️ Trendline 15 days long
⭐️ Trendline is clean
⭐️ Price is squeezing to the trendline
⭐️ 6th touch
⭐️ 30 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
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
Last time we longed People and earned good profit. Now price is squeezing to support and I will short it.
Reasons to take short:
⭐️ Today BTC futures exprire, I expect trend reversal for BTC
⭐️ Trendline 15 days long
⭐️ Trendline is clean
⭐️ Price is squeezing to the trendline
⭐️ 6th touch
⭐️ 30 ATR
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
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
👑if you want to join a private community to follow my trades, explore trading plans and chat with real traders 👉 bit.ly/AdminKeps
👑 Приєднуйтесь до крипто спільноти 🇺🇦☝️
Registration for the course "Scalping for Beginners" link in bio
👑 Приєднуйтесь до крипто спільноти 🇺🇦☝️
Registration for the course "Scalping for Beginners" link in bio
Related publications
Disclaimer
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.