Short
SHORT KLAYUSDT
🔴Short daytrade position on KLAYUSDT
The price has been in a sideways trend and is now starting a new trend. If the price retraces back to the 50% Fibonacci level of the new Trend, it presents a great opportunity to enter the trade. This retracement level often acts as a strong support/resistance zone, offering a favorable risk-reward ratio for the trade setup.😊
⚠️Only when Price enters the risk reward position timezone is considered.
The price has been in a sideways trend and is now starting a new trend. If the price retraces back to the 50% Fibonacci level of the new Trend, it presents a great opportunity to enter the trade. This retracement level often acts as a strong support/resistance zone, offering a favorable risk-reward ratio for the trade setup.😊
⚠️Only when Price enters the risk reward position timezone is considered.
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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.