Looks bottomed at that key daily swing low.
2nd attempt at this long
2nd attempt at this long
Trade active
Target adjusted. Note
Very slow to move compared to other alts. If price drifts slowly back to entry with no volume, I may cut it.
Buyers need to show their hand here.
Trade closed manually
Closed this out before it came in for the 3rd retest of my entry level. I have a rule that I will tolerate 1 retest of my initial entry, but not a 2nd. Think of it like this: If your entry is the first test, and then price retests that level again, and then a THIRD time, what makes you think buyers/sellers are now finally going to show up?
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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.