THETAUSDT - False break out against the trend
Updated
Preconditions:
Entry could be into trend direction or against. Entries into trend direction have bigger priorities.
Price Move more than 90% of ATR to key level. Far better when we have more than 100% as more as better.
Fast approach on the lower time frame. Best when the last 1 hour has more than 50% of ATR.
The price moved many days towards the key level without decent pullback or range.
Entry could be into trend direction or against. Entries into trend direction have bigger priorities.
Price Move more than 90% of ATR to key level. Far better when we have more than 100% as more as better.
Fast approach on the lower time frame. Best when the last 1 hour has more than 50% of ATR.
The price moved many days towards the key level without decent pullback or range.
- You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Trade closed: target reached
Note
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