Entering the trade at the equalibrium of this 4h fvg, I will definietly wait for a displacement somewhere at that level and then enter from a 15min displacement fvg, aiming for previous daily high as the main target where I will personally close the entire position because of the overall sentiment being bearish rn, we have a clear downtrend on 4h so after hitting...
Here I see an opportunity for a sui long position starting with an entry at 50% of the ote that nicely aligns with a set of orderblocks that overlap themselves, I will target the bearish fvg bottom as my primary goal and I have also set an extension level of 120% on the fib as a possible secondary target SL at the recent swing low within the swing range I have marked out
regarding to xrp, I have booked profit at tp 1 & did not manage to book profits on tp2 as tp2 was not hit, currently waiting to see how will the price react to the 15min ob+ that it is approaching and if we manage to get a bounce from that I think I will just hold the position ad might take some manual profits as I´m yet quite unsure if we can push the price...
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...