DUSKUSDT just showed a bear trap by breakdown from recent support. Then, price showed strength and claimed back the area. RSI also showed bullish divergence.
Long entry: Divide into 3 portions:
- 1st: Long at area 0.0550 - 0.0570
- 2nd: Long at area 0.0500 - 0.0520
- 3rd: Wait for breakout of decline trend
TP: As in the chart.
Stoploss: Candle close under 0.0485
Due to high stoploss, enter only 10% of maximum capital. Mind your own risk.
Long entry: Divide into 3 portions:
- 1st: Long at area 0.0550 - 0.0570
- 2nd: Long at area 0.0500 - 0.0520
- 3rd: Wait for breakout of decline trend
TP: As in the chart.
Stoploss: Candle close under 0.0485
Due to high stoploss, enter only 10% of maximum capital. Mind your own risk.
Trade closed: stop reached
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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.
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.