PendleUSDT Long Idea
If Pendle comes to fill the 50% of the 4hr wick which is where the 1hr 50ema sits, I'll attempt a long for 7.12RR towards the nearest available 1D 50% of an unfilled wick, which is at 7.265.
Please, share your opinion on this bias in the comments section. If you take it, let me know.
Please, share your opinion on this bias in the comments section. If you take it, let me know.
Note
Seems fair to adjust invalidation to 6% considering entry was not on 4hr ema50. No?Trade closed: stop reached
Although idea was achieved, the plan was invalidated narrowly because of the 4% SL.
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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.