#BTC has started forming series of LL and LH on 1 Hr TF candle. I am expecting continuity of LLs and LHs as per #Dow_Theory.
I am taking short trade on breakout of previous LL. To avoid fake out, my entry and stop loss is slightly different than previous LL and LH.
Risk reward ratio is 1:1 although I have intentions to ride the trend.
I am taking short trade on breakout of previous LL. To avoid fake out, my entry and stop loss is slightly different than previous LL and LH.
Risk reward ratio is 1:1 although I have intentions to ride the trend.