Marry Johnson
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SAVE THIS, YOU'LL NEED IT
Today, I'm sharing one of the simplest trading strategies for a bullish market, especially if you've missed the initial move on a coin.
Wait for the price to consolidate around the high.
Mark that high with a line.
Enter when the price closes a candle above that line (depending on the timeframe you're using).
click to claim 🎁
Ride the price towards the next possible resistance level.
Where to set your invalidation?
Your invalidation point is the same as your entry level. If the price closes back below that high, it indicates a false breakout, and you should manage your risk and exit the trade.
Check the details in both images.
This strategy works best in an uptrend or bullish market, not in a downtrend or bearish market.
click here
#TrumpMarketInsights
#MelaniaTrumpLaunchesToken
Today, I'm sharing one of the simplest trading strategies for a bullish market, especially if you've missed the initial move on a coin.
Wait for the price to consolidate around the high.
Mark that high with a line.
Enter when the price closes a candle above that line (depending on the timeframe you're using).
click to claim 🎁
Ride the price towards the next possible resistance level.
Where to set your invalidation?
Your invalidation point is the same as your entry level. If the price closes back below that high, it indicates a false breakout, and you should manage your risk and exit the trade.
Check the details in both images.
This strategy works best in an uptrend or bullish market, not in a downtrend or bearish market.
click here
#TrumpMarketInsights
#MelaniaTrumpLaunchesToken
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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