$BTC: FTG Pattern ( Failure to Gain )
My favorite/Most profitable set up.
Made a road map on the chart for all to follow.
IDEA:
Short Entry: At red X
Stops: Above the high
Target: Up to you
Second chart shows you how the setup would look.
LOW risk, often less than -1% stops.
My favorite/Most profitable set up.
Made a road map on the chart for all to follow.
IDEA:
Short Entry: At red X
Stops: Above the high
Target: Up to you
Second chart shows you how the setup would look.
LOW risk, often less than -1% stops.
2) $BTC FTG ( Hourly Set up )
This actually called this macro top here.
When taking this position, you need to make sure that when entering short at X, there are no closes over thefirst original swing high ( Green Check).
Gaining that level would lead to failure of this setup.
This actually called this macro top here.
When taking this position, you need to make sure that when entering short at X, there are no closes over thefirst original swing high ( Green Check).
Gaining that level would lead to failure of this setup.