$GOAT - Entry on Retest
Here's a straightforward strategy for range trading - RETEST:
If you missed the initial price drop, we can wait for the price to hit the immediate resistance and then enter the trade on a valid retest.
In this scenario, we observed a gap around .315, which could serve as a potential retest area, similar to what we saw at the high.
If you missed the initial price drop, we can wait for the price to hit the immediate resistance and then enter the trade on a valid retest.
In this scenario, we observed a gap around .315, which could serve as a potential retest area, similar to what we saw at the high.
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twitter.com/mooncakexbt
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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.
Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
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.