SHIB - Short on the news. Another try

10 Ağu 2022

Reasons to take short:
⭐️ CPI released today
⭐️ Couldn't update high
⭐️ Volume at top
⭐️ Engulfing candle at high
⭐️ 52 days
⭐️ 3rd touch
⭐️ 50 ATR

Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.

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📄🖌
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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