alright, guys, this is a tricky one, I am spitting this in half entering 50% position here & rest 50% after successful breakout & on the retest
entering now because 61.8% held nicely & don't want to Miss out, but not full amount coz NOT YET BROKEN, there were times when the price got rejected at resistance like Atom & LTC (go through my profile)
So rest 50% we will enter on Retest as I did with VET, IOST
wait for the breakout let it run for 5-7-10% then it will retrace, book some profit on the first position, wait on retest if holds enter again with full position
entering now because 61.8% held nicely & don't want to Miss out, but not full amount coz NOT YET BROKEN, there were times when the price got rejected at resistance like Atom & LTC (go through my profile)
So rest 50% we will enter on Retest as I did with VET, IOST
wait for the breakout let it run for 5-7-10% then it will retrace, book some profit on the first position, wait on retest if holds enter again with full position
Order cancelled
CANCELLED THE SETUP, THAT IS AN EXTREME BEARISH DAILY CANDLE CLOSENote
We will wait for breakout & retest to enter no rushTrade active
Brokeout, invalidated the daily candle & broke the red zone!!! entering on retest will share setup once price closes above the RED BOX
Trade active
entering full position on retest around .618 Trade active
Retest done
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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.