BOME / TetherUSLong
BOME Long idea
An idea for entering a long position on BOME.
If BOME drops to the upper boundary of the ORDER BLOCK zone (1-hour interval) and the area where we have 50% of an unfilled Fair Value Gap (FVG from the 15-minute interval), this would be a good spot to trigger a long position:
Entry: 0.00585
Stop Loss: 0.005427
Take Profit: 0.068 (Zone near the 261.8 external Fibonacci retracement level of the entire downward move)"
If BOME drops to the upper boundary of the ORDER BLOCK zone (1-hour interval) and the area where we have 50% of an unfilled Fair Value Gap (FVG from the 15-minute interval), this would be a good spot to trigger a long position:
Entry: 0.00585
Stop Loss: 0.005427
Take Profit: 0.068 (Zone near the 261.8 external Fibonacci retracement level of the entire downward move)"
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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.