#1inch is tightening around the resistance, this is usually a sign that it will break it (bullish triangle).
To avoid being trapped in a fake-out, my plan here for a low risk / high reward trade is to wait for confirmation, then long for 25% to 30% profit which should come fairly quickly once support is confirmed.
To avoid being trapped in a fake-out, my plan here for a low risk / high reward trade is to wait for confirmation, then long for 25% to 30% profit which should come fairly quickly once support is confirmed.
Note
"buy after" is actually "buy after confirmation" but the box is too small and i didn't notice the text didn't fit lol
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.
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.