Swing trading
LINKUSDT
Seeing that the structure has been respected, I decide to open a position now. These are my arguments:
Bullish arugments:
Monthly PCL being disrespected
Weekly PCL being disrespected
Daily swing low being disrespected
4H swing low being disrespected
So far I see no bearish arguments.
Trade management:
SL at $9.94 which that would indicate strong rejection and would power a search for liquidity at the lower end of the range. However, there does not seem to be so much weakness to look for a lower low than the September low.
TP, partials could be obtained. A partial TP would be on liquidity on the buy side at $13.90 and let profits run to ITH with SL on BE once the 1TP profit is taken.
LINKUSDT Seeing that the structure has been respected, I decide to open a position now. These are my arguments:
Bullish arugments:
Monthly PCL being disrespected
Weekly PCL being disrespected
Daily swing low being disrespected
4H swing low being disrespected
So far I see no bearish arguments.
Trade management:
SL at $9.94 which that would indicate strong rejection and would power a search for liquidity at the lower end of the range. However, there does not seem to be so much weakness to look for a lower low than the September low.
TP, partials could be obtained. A partial TP would be on liquidity on the buy side at $13.90 and let profits run to ITH with SL on BE once the 1TP profit is taken.
Trade active
Still running
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💰 Ideas detalladas y previsiones semanales
🎥 🗓️ Charlas en directo sobre los desafíos y aventuras del Trading
🏦 Exchange+ 20% cashback en fees: partner.bitget.com/bg/JaytraderCrew95
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.
💥 Explora mi viaje como trader: t.me/jaytradingmm
💰 Ideas detalladas y previsiones semanales
🎥 🗓️ Charlas en directo sobre los desafíos y aventuras del Trading
🏦 Exchange+ 20% cashback en fees: partner.bitget.com/bg/JaytraderCrew95
💰 Ideas detalladas y previsiones semanales
🎥 🗓️ Charlas en directo sobre los desafíos y aventuras del Trading
🏦 Exchange+ 20% cashback en fees: partner.bitget.com/bg/JaytraderCrew95
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.