This is one for the HODLers
BUY: 0.7793 – 0.8439
TARGETS:
1) 1.2163
2) 1.3966
3) 1.6196
4) 1.9802
STOP: When a 4h candle closes below 0.6504
Rationale:
-Price is consolidating under a diagonal trendline, in an area between 0.618 and 0.786 fib retracement of the larger move.
-RSI is increasing
-The broader market is showing signs of strength, so a break to the upside is more likely.
-Stop should be placed below the prior swing low, and should only be triggered once a 4h candle has closed below this level.
Your risk, your reward. This is not financial advice.
Happy trading.
BUY: 0.7793 – 0.8439
TARGETS:
1) 1.2163
2) 1.3966
3) 1.6196
4) 1.9802
STOP: When a 4h candle closes below 0.6504
Rationale:
-Price is consolidating under a diagonal trendline, in an area between 0.618 and 0.786 fib retracement of the larger move.
-RSI is increasing
-The broader market is showing signs of strength, so a break to the upside is more likely.
-Stop should be placed below the prior swing low, and should only be triggered once a 4h candle has closed below this level.
Your risk, your reward. This is not financial advice.
Happy trading.
Regular $100k+ profit daily.
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
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.
Regular $100k+ profit daily.
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
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.