Clear Indications
1. RSI (15) is clearly broken for a perfect LONG entry on RUNEUSDT 1D
2. 1D trend line is broken, and price is retracing to our Next Entry Zone
Entry Criteria
1. wait for the price to retrace for this FIB 38% level, which is our Entry Zone
2. wait for a trend break on LTF (lower time frame)
Bonus
3. keep an eye on Volume Spike
Stop Loss
keep SL below the new Trend line or below 78% Fib, keep moving it with the trend breaking point
Target
for next 50% Fib level or 2.5RR
1. RSI (15) is clearly broken for a perfect LONG entry on RUNEUSDT 1D
2. 1D trend line is broken, and price is retracing to our Next Entry Zone
Entry Criteria
1. wait for the price to retrace for this FIB 38% level, which is our Entry Zone
2. wait for a trend break on LTF (lower time frame)
Bonus
3. keep an eye on Volume Spike
Stop Loss
keep SL below the new Trend line or below 78% Fib, keep moving it with the trend breaking point
Target
for next 50% Fib level or 2.5RR
Order cancelled
for maintaining the high quality standard in my Trading , I never Enter into the trade if it never retraced to my Perfect Entry Zone, i.e. 38% Fib Level, hence I had no intention to enter into the trade.PERIOD
Now we will wait for our next entry zone.
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.
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.