AVAUSDT has been testing the 4H time frame support forming a downward triangle, which could cause high movement.
Two breakouts may occur, entry will only trigger after breakouts and retest with a healthy biased position pattern like:
ENGULFING PATTERNS, DOJI STAR, HAMMER
&
RSI at 55 for bullish and 45 for bearish
Once all conditions met, SL will be 1ATR with a 1.5 Risk to Reward ratio for TP
Thats all from me and HAPPY TRADING LADS ;)
Two breakouts may occur, entry will only trigger after breakouts and retest with a healthy biased position pattern like:
ENGULFING PATTERNS, DOJI STAR, HAMMER
&
RSI at 55 for bullish and 45 for bearish
Once all conditions met, SL will be 1ATR with a 1.5 Risk to Reward ratio for TP
Thats all from me and HAPPY TRADING LADS ;)
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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.