SEIUSDT Perpetual ContractUpdated SEI swing / position trade
Here is my idea of a long term (weeks to months) sei trade
I would use leverage from 2-5x depending on the capital, entering at 0,5934 because I expect the price to tap into that region once more, displacement fvg on the daily and a order block along with fib level aligns there nicely so that makes up for a nice confluence for me to take that as an valid long entry. I would take partial profits along the way on the fib levels.
I am open to criticism and as always DYOR and do not overleverage.
I would use leverage from 2-5x depending on the capital, entering at 0,5934 because I expect the price to tap into that region once more, displacement fvg on the daily and a order block along with fib level aligns there nicely so that makes up for a nice confluence for me to take that as an valid long entry. I would take partial profits along the way on the fib levels.
I am open to criticism and as always DYOR and do not overleverage.
Trade active
also I have set up an extra fib level for price extension 120%, +20% from the swing range as the price might create a new ath
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