IOTA - Trap slams shut🪤

٢٩ يونيو ٢٠٢٢

Reasons to take short:
⭐️ BTC bearish
⭐️ Level is 8 days long
⭐️ Trendline is clean
⭐️ Trapped bulls
⭐️ In the end of formation
⭐️ Price is squeezing to local level
⭐️ 3rd touch
⭐️ 40 ATR
⭐️ Under VWAP

Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%

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 and your loved ones