AAVE approaching the supply zone.
Expect a reaction in the supply area.
Just day trade scalp.
Expect a reaction in the supply area.
Just day trade scalp.
Note
AAVE is gaining strength and closed x2 4-hour candle above the trendline.After DCA, I managed to close my position at a small win.
I will look to short AAVE higher instead at DCA Levels:
81.1 (15%)
84.6 (35%)
85.7 (50%)
SL: 87
Note
As expected the strength of AAVE continues and our last trade closed at a minor profit (after DCA).The current short is still active and after DCA, my entry is 84.625
Will add more once AAVE breaks the market structure in 4 hr candle
Trade closed manually
Placing my stop loss to breakeven price at 84.7 (after DCA)Took partial profits here at 2% win
Will short it again once we break the market structure in 4 hrs
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.