Observations:
- ARDR is slowly laddering and recently started to follow a new uptrend (pink)
- ARDR is now pushing to break out the 1935 hourly resistance.
- Expect to see ARDR reaching the buying zone (green rectangle), and then fly to at least our monthly level 2148 (red)
Rules:
- Wait for the price to close above the buying zone before entering the trade.
- Exit before the monthly level 2148 (red)
Our setup:
- Entry: 1935
- Target 2140 (Profit: 10.54%)
- Stop : 1877 (Loss: 3%)
- ARDR is slowly laddering and recently started to follow a new uptrend (pink)
- ARDR is now pushing to break out the 1935 hourly resistance.
- Expect to see ARDR reaching the buying zone (green rectangle), and then fly to at least our monthly level 2148 (red)
Rules:
- Wait for the price to close above the buying zone before entering the trade.
- Exit before the monthly level 2148 (red)
Our setup:
- Entry: 1935
- Target 2140 (Profit: 10.54%)
- Stop : 1877 (Loss: 3%)
Trade active
Update:- As expected ARDR reached our buying zone and started to pump right after.
- We entered at 1935.
- We are now pushing against 1926 resistance as you can see on this 15m Timeframe view. (Hi colleagues ;))
Trade closed: target reached
Our Target was reached.- Entry: 1935
- Exited: 2140 (Profit: 10.54%)
- The maximum profit could have been 17% by selling at 2272
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.
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.