XTZ - POSSiBLE LONG BREAKOUT TRADE

THiS iS NOT A FiNANCiAL ADViCE. THiS TRADE iS A PRODUCT OF MY IMAGiNATiON WHiCH MAY LEAD YOU TO LOOSE MONEY.
DO NOT COPY TRADE LiKE AN IDiOT.
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TRADE:: XTZ_1
STATUS:: PLACED

TYPE:: LONG
SIGNAL:: PRiCE ACTiON
FILTER:: MFI + PRiCE ACTiON

VOLUME:: $2400
ENTRY:: 2.28
TP:: 20%
SL:: 1.68%
RRR:: 12
RISK:: $40
REWARD:: $500

PROS::

1.BULLTREND (HIGHER LOWS)
2.PRiCE COMPRESSiON (LOWER HiGHS)
3.ICHI iS GETTiNG GREEN AT 1H AND 4H
4.BUYING THE BOTTOM
5.WE HiT THiS RS LEVEL ALREADY 8 TiMES IT'S NOT BULLETPROOF

CONS::

1. RESISTANCE AT 2.5 iS VERY CLOSE
2. WE MiGHT FAKEOUT AND DIP DOWN
3.OBV DOESN'T

OVERALL::
LOOK CLOSER AT OBV, IT MIGHT GIVE YOU AN EARLY HINT.

IF YOU HAVE ENOUGH PATiENCE YOU MAY TRADE LONG TERM TiLL THE $7 DOLLAR LEVEL (WHERE THE 1.618 FIB EXTENSION iS)

Note

Note

WE HAVE A GREAT CHANCE TO GET iNTO THE TRADE FROM THE LOWS

Note

I PREFER TO WAIT FOR A SIGNAL FROM OBV OR MFI TO GET INTO A TRADE, BUT THAT LOOKS VERY GOOD. THiS SUPPORT LiNE iS WELL RESPECTED

Note

I SWEAR THiS iS A FAKE OUT, I'LL ENTER THE TRADE AS SOON AS MFI BREAKOUT THiS RS LiNE

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