splitmyIVandmelt

The Stop Loss Triangle is back! This time with BTCUSD coming off its recent impulse rally. For those of you that aren’t familiar with my strategy — let me start from the beginning…This concept involves positioning against the opposing decline in price and time as a precursor to our theoretical projection. If the underlying enters our predetermined faded cross-section, the stop loss is triggered to prevent sideways consolidation and the erosion of contract premiums or leverage decay. This inherently ‘sclene’ triangle is constructed by drawing a straight trend line through the bottoming reversal candle and the furthest projection in price and time symmetry (78.6%) of the retracement. Once connected, draw a vertically positioned straight line from the highest or lowest point in the previously identified retracement to the bottom reversal candle area once again. To create a ‘right triangle’, now turn 90 degrees towards the final point, which is determined by the nearest projection in price and time symmetry (38.2%). This allows time after the imposed price and time date, yet not enough for premium or leverage decay to become significant. In its entirety, this forms the stop loss triangle.I encourage my followers to identify and explore the system on their own. As always, feel free to ask me anything related to it. We’ll follow along and you’ll be amazed at the precision of Fibonacci symmetry.CHEERSOn the brink, this may be a good example of stopping out..let's see what happens!And that folks, is a break into the stop loss section.

Here we have my STOP LOSS TRIANGLE on our beautiful Bitcoin — if you’re not quite sure what I mean or am doing drop me a follow here and check out a few post! Or come find me on X — The beauty of this concept is the ability to trade with rules the potential retracement in price/time symmetry distinctively and without emotion, as the underlying trades to potential harmonic reversals.