Dot has been on a bullish run looking for potential short:
-LH has been formed and testing trend line, first confirmation is a break in this trendline.
-Break in buying support and neckline will get us ready for short entry.
-wait for retest of new resistance(old support) to show buyers no longer hold that zone then enter short to next structure.
This trade is approx a rr of 3.4:1
-LH has been formed and testing trend line, first confirmation is a break in this trendline.
-Break in buying support and neckline will get us ready for short entry.
-wait for retest of new resistance(old support) to show buyers no longer hold that zone then enter short to next structure.
This trade is approx a rr of 3.4:1