$SIREN Is this the correct move in $SIREN ? 🤔
I am starting to apply Scalping strategies in sideways markets. I see that $SIREN is trapped in a channel between 1.0 and 1.2. I placed a Short in the high zone expecting it to respect the resistance.
My goal is to make a quick profit (scalp) before the price makes a strong trend decision.
What do you think of my entry? Any advice to improve my risk management in this type of range?
#bitcoin #tradingtips #SIREN #ScalpingLife
I am starting to apply Scalping strategies in sideways markets. I see that $SIREN is trapped in a channel between 1.0 and 1.2. I placed a Short in the high zone expecting it to respect the resistance.
My goal is to make a quick profit (scalp) before the price makes a strong trend decision.
What do you think of my entry? Any advice to improve my risk management in this type of range?
#bitcoin #tradingtips #SIREN #ScalpingLife