Capitulation Double Bottom (CapDblBott)
General Rules
1. 1st bounce must be massive selloff
2. Must have good support further left
3. Conservative stop loss, but you decide where to put, make sure 5/reasonable.
4. Risk 8%
5. Take profit early and try 3rd bounce
6. Look at all Coin markets ex. BTCUSD , BTCUSDT , BTCBUST
7. Look at Big/Small Caps, BTC .D, Stock and index, GOLD etc. and make sure it makes sense.
Characteristics
-Hard Entry (Violates guessing the bottom rule)
-Hard SL
1. 1st bounce must be massive selloff
2. Must have good support further left
3. Conservative stop loss, but you decide where to put, make sure 5/reasonable.
4. Risk 8%
5. Take profit early and try 3rd bounce
6. Look at all Coin markets ex. BTCUSD , BTCUSDT , BTCBUST
7. Look at Big/Small Caps, BTC .D, Stock and index, GOLD etc. and make sure it makes sense.
Characteristics
-Hard Entry (Violates guessing the bottom rule)
-Hard SL