$PEOPLE P1.6
Try to catch the top with 1R. This stock always recovers badly.
I'm holding on to short so I don't want to switch to long view.
Frame D:
- After a series of red candles, the past few days have recovered to green again. Yesterday, the green candle was closed with FULL force.
- The current price has taken the OLD HIGH candle of yesterday, so I sell at risk because of that. This part is not recommended, you should wait for confirmation.
*H4:
- There is only 1 red candle with a retracted wick. I only sell with force on this H4 candle. TP max at the foot of the green candle with full force.
- The next plan is to break the green candle completely, then I will recover and continue to short to be safe.
*H1:
- I only sell according to the trap candle.
-> Still the rule: 2R automatically closes the original - Move SL entry or not, it's up to you.
-> expect the peak of the week and continue the PLAN from the previous parts.
P/S: This is a personal trading diary, not a call, if wrong, you will lose 1R =)))
#PEOPLE #MemeWatch2024 #memecoin #doctorwind #MarketDownturn
