But which way. Long term I am bullish on this pair. Short term we could get another leg down before finishing the higher time frame correction. If price action breaks the daily structure look for a good pullback and then long, long, long.
Nota
Price action broke the trend line as anticipated. look for a pullback to take to the daily trend line (green line) and then a potential break of it.
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1 st target hit but may have a bit more up before correction
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Tagged daily TL may pull back. Watch for a break of this level and a small correction and go long.
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Broke and made another leg up. Retested swing high. Watch for a pull back to the daily trend line and then another strong move up. Also watch for small flags to add to the trade.
Dagangan ditutup: sasaran tercapai
We have reached the target. I still am bullish on this pair. I will keep 25% in play and move my stop to break even.
Nota
This trade has a lot higher upside as we go forward. The target is where I see it now but I am thinking much higher. We have to reassess as price moves forward.
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SL not clear in the last update. If I take this trade I will put my SL at $13.51. Remember 4 hr candle must close above purple line and finish in the top 75% of the candle.
Dagangan aktif
Nota
The Kraken order book is showing a big slug of sell orders between current price and $14.20. If you are in this trade you may wish to remove some position and wait to re-enter at a bit lower price. I will hold my position and weather the storm.
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.