ALICE - USDT 4H Short Term Sub-trend move
Updated
Hasn't recovered as hard as the others, hoping it's just lagging and we can catch a rip. ~5%SL wherever it crosses the subtrend or in the most logical position. Looking for it to cross the main trendline eventually but that's more long term than I'm looking at. No TP points as usual, SL gets moved up to BE if a good break is confirmed then once a developed trend forms we'll follow that until it's broken down.
Note
Entry would've been 13.6, SL at whatever I'm not doing to math on it. Once a bit of time has gone by you draw a trend under the lows and that will be your roaming SL. If velocity increases you redraw a subtrendline and that will be your roaming SL instead.Note
Reflection: What was my issue? Impatience for the proper trend crossing. Dark blue would have been perfect.
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