I have been watching 
MEWUSDT.P since the weekend, and it seems it is about to dump and print some stablecoins for us.
There is a formation of exhaustion candles on the 4H time frame
MEW hit a new ATH in the last 72 hours, and we anticipate a strong pullback.
We can take advantage of the pullback by risking 2% of the account balance.
Use stop loss especially if your margin is not big enough.
Trade management is as important as risk management.
What are your thoughts about this analysis? Share them with me in the comment box.
If this analysis makes sense to you, support my idea and follow me now for more.
There is a formation of exhaustion candles on the 4H time frame
MEW hit a new ATH in the last 72 hours, and we anticipate a strong pullback.
We can take advantage of the pullback by risking 2% of the account balance.
Use stop loss especially if your margin is not big enough.
Trade management is as important as risk management.
What are your thoughts about this analysis? Share them with me in the comment box.
If this analysis makes sense to you, support my idea and follow me now for more.
Trade active
Let us see how far we can go on this...Note
SL was triggered, but I opened a short position again, and it was profitable.Note
Waiting for the next opportunity.Note
The dude hit 1st TP after SL. LolsNote
On its way to 2nd TPhaha
Trade closed: target reached
TP2 Target achieved!Disclaimer
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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.