Lesser Position— 1:5 R
“Direction” via 1D
a. Which phase is the market currently in?
(✓) pump phase!
(X) dump phase!
“Structure” via 15M
a. Did the previous day’s market pump higher?
(✓) yes, thus my bias is long.
b. Has price triggered a support line on the 15M?
(✓) yes
c. Is the market currently in its pump phase?
(✓) yes
“Execution” via 1M
a. Is there a local structural low that a long position can be taken from?
(✓) yes; you may buy when most optimal!
“Direction” via 1D
(✓) pump phase!
(X) dump phase!
“Structure” via 15M
(✓) yes, thus my bias is long.
b. Has price triggered a support line on the 15M?
(✓) yes
c. Is the market currently in its pump phase?
(✓) yes
“Execution” via 1M
(✓) yes; you may buy when most optimal!