realise how btc 15m tf is moving in an uptrend, and hence market structure should HH, HL.
see how each low is higher than the previous
hence, my stoploss is placed BELOW the previous low with a bit of buffer for wicks, as the next low should NOT be lower than it
if not market structure is broken!
once market structure is broken, trade is INVALIDATED.
hope this helps! 😊
#learn
see how each low is higher than the previous
hence, my stoploss is placed BELOW the previous low with a bit of buffer for wicks, as the next low should NOT be lower than it
if not market structure is broken!
once market structure is broken, trade is INVALIDATED.
hope this helps! 😊
#learn
Crypto Mumbles
realise how btc 15m tf is moving in an uptrend, and hence market structure should HH, HL. see how each low is higher than the previous hence, my stoploss is placed BELOW the previous low with a bit of buffer for wicks, as the next low should NOT be lower…
as of now market structure is still well respected!
so before you enter every trade
know WHY you are entering it
- what reasons are there? indicators? price action?
- have TP in mind
- have SL in mind
without any of these clearly in your head, DON'T trade.
#tips
know WHY you are entering it
- what reasons are there? indicators? price action?
- have TP in mind
- have SL in mind
without any of these clearly in your head, DON'T trade.
#tips
Crypto Mumbles
realise how btc 15m tf is moving in an uptrend, and hence market structure should HH, HL. see how each low is higher than the previous hence, my stoploss is placed BELOW the previous low with a bit of buffer for wicks, as the next low should NOT be lower…
if this did help, do help to share the channel so i can help share and help more people as well 🥳🤘🏽
https://news.1rj.ru/str/cryptomumbles
https://news.1rj.ru/str/cryptomumbles
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Crypto Mumbles
things I mumble to myself about crypto
basically my transparent crypto diary
education, analysis, and trades 🙂
Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
basically my transparent crypto diary
education, analysis, and trades 🙂
Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
Crypto Mumbles
entered a SMALL CMP long #trade
once again, SMALL margin, margin i can afford to lose
you can take some profits here if you wish,
if you are nicely in profits (20%++), take some profits and set SL to entry
if you are nicely in profits (20%++), take some profits and set SL to entry
in this case, i took some profits, but left my SL the same as i don't have much buffer yet to shift it to entry