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
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!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.