MANAUSDT Long on Bullish OB
MANAUSDT Suddenly went bearish because of the sudden BTC bearish movement. Creating a Break of structure downwards. Now Long position on the Last bullish OB on this area is a probable choice, as the imbalance(Yellow gap) can be a point of interest. Then following a short bump on the bearish 15 min OB.
Entry 0.9826
Target will be as usual .5 Fib retracement, then 2nd and 3rd TP can be on those imbalance.
Don't forget to put a stop loss.
Entry 0.9826
Target will be as usual .5 Fib retracement, then 2nd and 3rd TP can be on those imbalance.
Don't forget to put a stop loss.
Trade closed: stop reached
BTC Crashed and ruin the setupTrade closed: target reached
Liquidity grap hit SL, but on 2nd try after that long wick, the setup was recovered and was able to reach 1st TP. 2nd and 3rd TP is optional.
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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.