Trade Direction:
FET Long
Risk Management:
- 0.5% risk
Reason for Entry:
- Total Market Cap holding key H4 support
- Oversold on multiple time frames
- Recent bullish news of potential ceasefire talks (Iran/Israel)
- HTF Double Bottom
- Daily Orderblock
Additional Notes:
- Will look to hedge short if market gives me a reason to do so ~106k
- Practically this long is mostly built around total bouncing on support. Its a critical level to hold and it makes the most sense for a bounce, targeting at least 0.5 mid range on total. Were cooked imo if it loses this level and fails to reclaim.
- High risk, said that alot these past few days but trading this is high risk.
- IMO kind of last area to bounce before we full on nuke.
FET Long
Risk Management:
- 0.5% risk
Reason for Entry:
- Total Market Cap holding key H4 support
- Oversold on multiple time frames
- Recent bullish news of potential ceasefire talks (Iran/Israel)
- HTF Double Bottom
- Daily Orderblock
Additional Notes:
- Will look to hedge short if market gives me a reason to do so ~106k
- Practically this long is mostly built around total bouncing on support. Its a critical level to hold and it makes the most sense for a bounce, targeting at least 0.5 mid range on total. Were cooked imo if it loses this level and fails to reclaim.
- High risk, said that alot these past few days but trading this is high risk.
- IMO kind of last area to bounce before we full on nuke.
Note
Total Chart posted for refence. High risk purely speculative trade based on total key level. I'd want to short ~106k as thats where my POI is. Note
Dislike this reaction here, going to reduce exposure by 50% and keep the rest running appears to be very weakTrade active
Moving. Doubt is the killer of all trades. Took some partials here to offset the loss I incurred when I closed 50% earlier. letting the rest run.GN
Note
Stop BENote
Secured some partials at H4 FVG. Stops trailed to 0.6631. Good tradeNote
My only active POS. Note
Looks good, wick into the H4 Orderblock, if market finds relief from this news coming out of the whitehouse this should be fine for final tpNote
Trailed out.
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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.