Trading conditions:
1. $3042-3185 has stopped the DUMP - ✔
2. false breakout - ✔
3. volume growth - ✔
4. small consolidation before breakout - X
5*. trendline squeeze at the lower timeframe - X
The rise could be because of the liquidation of short traders. They could be the fuel for this growth. Keep an eye on the following ideas so you don't miss a trade entry!
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Yorum:
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