ventopt

ventopt

in case of breakdown and consolidation above the trend line, we enter the position, Take Profit 1: 0.618 Fibonacci level, about $6.95. Take Profit 2: 1.0 Fibonacci level, about $7.45. Stop-Loss: Set below previous lows Before entering into a trade, wait for the 4-hour candle to close above the trend line. This will reduce the probability of a false...

ventopt

I continue to look for entry points, I try to enter with a short SL, for a breakdown and retest, the trend is upward, but a local correction is very likely, therefore I enter with such short SL. If we look at it globally, it is better to wait for a normal correction. This idea is written for yourself, like a trading diary

ventopt

On the 1h timeframe, head and shoulders are possible, I am considering a purchase, closer to the counter-trend

ventopt

there was good support at 3500, after the breakdown we saw a rebound to this zone, after which the price went to a new support of 3000-2900