Setups
LINK headed to 14, high leverage short set upDisclaimer: This is not financial advice
High leverage trading is all about entries, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we plan ahead and wait for a good entry. So if you're nervous and itching to open a position then take a few deep breaths and don't trade!
LINK broke resistance, we got stopped out. Now price seems headed to 14 which is where I'm looking for high leverage shorts.
Entry: 13.9-14.2 SL: 14.3 TP1: 13, TP2: 11, TP3: 9
Live trading link: SHORT now to 11Disclaimer: This is not financial advice
High leverage trading is all about entries, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we plan ahead and wait for a good entry. So if you're nervous and itching to open a position then take a few deep breaths and don't trade!
The title says it all, LINK is testing crucial resistance, headed to 11 next unless it breaks 13.
Entry: 12.77-13 SL: 13.1 TP1: 12.5 TP2: 12 TP3: 11
V - 11.08% Potential Profit - Corridor BreakoutCorridor Breakout out of a 2-month correction, support confirmed multiple times on the 5 min.
Target price set at a new potential resistance line.
- Historical uptrend
- RSI + Stoch well above 50
- MACD above Signal
Suggested Entry $203.08 (Limit) or $205.71 (Stop)
Suggested Stop Loss $199.27
Target price $227.91
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
STOR - 13.42% Potential Profit - Ascending TriangleAscending Triangle formed into an Uptrend Corridor and new support confirmed multiple times in the past 3 days. For allocation purposes, be mindful that support has been broken on the 20-21th Aug. At the same time, I don't believe this being a reason not to take this trade.
Target price set at resistance line bounce.
- Historical Uptrend
- RSI and STOCH well above 50
- MACD below Signal
Suggested Entry $26.23
Suggested Stop Loss $25.61
Target price $29.75
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.