QUICK MOVE.
SMALL POSITION SIZE SCALP.
FAKEOUT AND CLOSE BACK INTO TRIANGLE SHOWS SIGNS OF CONTINUOUS DOWN TREND, AS WITH CRYPTO MOVES CAN BE QUICK.
SO IM TAKING A SMALL SHORT HERE TO SEE IF THIS BREAKS.
RISK MANAGEMENT WITH CRYPTO SHOULD BE 25% OF WHAT YOU WOULD USUALLY TRDE WITH AS SPIKES CAN HIT YOUR STOPS A LOT EASIER THAN IN TRADITIONAL MARKETS.
IF WE BREAK FROM TRIANGLE AGAIN I MAY SET A BREAKOUT POSITION AS IT COULD PUSH HIGHER TOO.
SMALL POSITION SIZE SCALP.
FAKEOUT AND CLOSE BACK INTO TRIANGLE SHOWS SIGNS OF CONTINUOUS DOWN TREND, AS WITH CRYPTO MOVES CAN BE QUICK.
SO IM TAKING A SMALL SHORT HERE TO SEE IF THIS BREAKS.
RISK MANAGEMENT WITH CRYPTO SHOULD BE 25% OF WHAT YOU WOULD USUALLY TRDE WITH AS SPIKES CAN HIT YOUR STOPS A LOT EASIER THAN IN TRADITIONAL MARKETS.
IF WE BREAK FROM TRIANGLE AGAIN I MAY SET A BREAKOUT POSITION AS IT COULD PUSH HIGHER TOO.
Trade closed: target reached