ARB / TetherUS
Long
Updated

ARB looks bullish

1 204
On our chart we have ascending CH and BOS. Bullish momentum is good.

We have also had a good Break Out on the chart. A supportive swap zone is formed which is our Buy Zone.

If it pulls back to the green range, you can enter a buy/long position. TPs are clear on the picture.

Fixing a daily candle below the green range will violate the analysis

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
After hitting the green range, it climbed about 35%

snapshot

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.