OP Optimism reached Point of Interest POI a.k.a Demand Zone.

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OP / TetherUS PERPETUAL CONTRACT (BINANCE:OPUSDT.P)

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BINANCE:OPUSDT.P OP / TetherUS PERPETUAL CONTRACT

Hello TradingView Family / Fellow Traders. OP Optimism reached Point of Interest (POI a.k.a Demand Zone) and now Breaking the Structure (BOS) towards the upside. I am looking for mitigation back for last (OB-Order Block, POI a.k.a Demand Zone) highlighted in a light green box for LONG. This idea is based on Smart Money Concept, Supply & Demand, and Price manipulation. If found this idea helpful, please support by liking. Happy Trading everyone :)

Komen:

Looking to BUY: 1.1859 SL: 1.1395
TP1: 1.2966
TP2: 1.4063
TP3: 1.6500

Komen:

Buy Position trigered @ 1.1858. There are 3 scenarios will happen weather the price will go to our favor and make us profit or Break even or the will strongly crash and stop us out and loss 1% of our portfolio.

Komen:

SL move to 1.1773 to reduce risk.

Komen:

SL move to 1.1859 for break even, if ever the worse scenario will happen our position is safe. Right now position floating profit $500+

Komen:

If the price will break @ 1.2409 I will be looking for 2nd entry @ 1.1925 as the 50% of the last point of POI/Demand in the 5 Minute Time Frame.

Penafian

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