Cardano/USD 4H short
ADA is in a strong uptrend but is entering a strong supply zone.
You see the price is stalling and there will be allot of sell orders waiting at that zone to push the price lower.
That is where my edge lies so I'm short and aim for a 3% gain to the downside.
You see the price is stalling and there will be allot of sell orders waiting at that zone to push the price lower.
That is where my edge lies so I'm short and aim for a 3% gain to the downside.
Trade closed manually
almost hit my SL but managed to exit for a profit.
Closed after 6 candles, one of my trade management rules
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.