DASH squeeze play

26 Feb 2020

Received sell signal 6am in the form of trend continuation anchor tf trend change conformation support break thru and squeeze momentum fire all on the daily and 4 hour charts. Long term trend in overall Market is: 2 yr trend change bullish market. Recent news has catapulted a squeeze fire to the down side. Enter take 50% profit of ttm trend hourly turn around. Move stop loss to breakeven. Await for lower high formation on the daily, and the 4 hour for remaining 50% taken. Trade size: 20 contracts