How to trade a V shaped reclaim without buying the top of the squeeze. ๐
Bitcoin fell toward 75,600 dollars on midterm fear, then reclaimed 80,000 dollars on nearly 1 billion dollars of liquidations, and the trap now is chasing the vertical part of the V. ๐ก My method is simple. First, never buy the middle of a squeeze candle, buy the retest of a level that invalidates you, like 80,000 for Bitcoin. Second, size down after a 5,000 dollar swing day, because the same volatility that squeezed shorts can reverse just as fast. Third, set your stop below the level that breaks your idea, and take partial profit at the first target instead of hoping for the whole move.
After a V shape like this, do you wait for a retest of 80,000, or chase the move higher? ๐ค
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#Crypto #Bitcoin #FuturesTrading #TradingSignals #CryptoEducation
Bitcoin fell toward 75,600 dollars on midterm fear, then reclaimed 80,000 dollars on nearly 1 billion dollars of liquidations, and the trap now is chasing the vertical part of the V. ๐ก My method is simple. First, never buy the middle of a squeeze candle, buy the retest of a level that invalidates you, like 80,000 for Bitcoin. Second, size down after a 5,000 dollar swing day, because the same volatility that squeezed shorts can reverse just as fast. Third, set your stop below the level that breaks your idea, and take partial profit at the first target instead of hoping for the whole move.
After a V shape like this, do you wait for a retest of 80,000, or chase the move higher? ๐ค
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #CryptoEducation
