day 02 RUNEUSDT 1 hour
RUNEUSDT 1HR
It had on going a strong down trend base on 1HR chart..
1) notice there is a head and shoulder structure over there. - bearish sign
2) fail to break through on the SR flip so is a false breakout.
3) few bearish candle stick appear.
thats the place where i enter the market to do short.
My SL will based on the 1HR chart. I set it accourding the nearest resistance. however, i dont know where to set the TP .
It had on going a strong down trend base on 1HR chart..
1) notice there is a head and shoulder structure over there. - bearish sign
2) fail to break through on the SR flip so is a false breakout.
3) few bearish candle stick appear.
thats the place where i enter the market to do short.
My SL will based on the 1HR chart. I set it accourding the nearest resistance. however, i dont know where to set the TP .
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