Go Long Break Above Hammer Candle High BTCUSD

Fortitude trade with the candle piercing, then closing above the Opening Range low. Go long on a break above previous bar high on strength.

Yorum:

This showed initial promise with an inside bar on 2 hammer candles through the OR low. If you took profit on the initial spike, congratulations. These trades should develop quickly, as they are reversal trades. This is the reason for the tight stop which keeps losses to a minimum as is this case in this trade.