Short on $DASH : downside breakout with volume, below its EMA200.
The 1h candle closed below 58.64, the low of the previous 20 hours. I sold at 58.45.
That candle had 5 times the average volume of the previous hours.
Initial stop at 59.82 (2.3% above). No TP: I use a trailing stop: it moves down with the low and closes if the price rebounds to it; 7 days is just the maximum.
The risk per trade is small, and I always honor the stop.
This is not financial advice. Do your own research and adjust your risk.
$DASH #trading #futures
The 1h candle closed below 58.64, the low of the previous 20 hours. I sold at 58.45.
That candle had 5 times the average volume of the previous hours.
Initial stop at 59.82 (2.3% above). No TP: I use a trailing stop: it moves down with the low and closes if the price rebounds to it; 7 days is just the maximum.
The risk per trade is small, and I always honor the stop.
This is not financial advice. Do your own research and adjust your risk.
$DASH #trading #futures