I’m entering a Fartcoin swing long on a golden pocket pullback during a bullish structure continuation, with confluence from EMAs, fibs, and demand volume. The setup is based on the daily chart for trend structure and 1-hour chart for entry timing.
My stop is placed below structural invalidation, and I have two profit targets: one conservative (TP1) and one trend-continuation (TP2).
Entry at $1.15 – Inside the golden pocket (0.618–0.65 fib), where bullish pullbacks often reverse. Confluence with reclaim of daily 50 EMA.
Stop-loss at $1.08 – Below structure and golden pocket. If broken, the setup is invalid and trend may shift.
TP1 at $1.36 – 0.786 fib level and previous local high. Strong resistance and logical partial profit zone. Locks in 3R.
TP2 at $1.64 – Full fib retrace and swing high. If trend continues, this is where momentum likely tops out short term. Gives 7R.
DISCLAIMER: I am not providing trading signals or financial advice. The information shared here is solely for my own documentation and to demonstrate my trading journey. By openly sharing my process, I aim to put pressure on myself to stay focused and continually improve as a trader. If you choose to act on any of this information, you do so at your own risk, and I will not be held responsible for any outcomes. Please conduct your own research and make informed decisions.
My stop is placed below structural invalidation, and I have two profit targets: one conservative (TP1) and one trend-continuation (TP2).
Entry at $1.15 – Inside the golden pocket (0.618–0.65 fib), where bullish pullbacks often reverse. Confluence with reclaim of daily 50 EMA.
Stop-loss at $1.08 – Below structure and golden pocket. If broken, the setup is invalid and trend may shift.
TP1 at $1.36 – 0.786 fib level and previous local high. Strong resistance and logical partial profit zone. Locks in 3R.
TP2 at $1.64 – Full fib retrace and swing high. If trend continues, this is where momentum likely tops out short term. Gives 7R.
DISCLAIMER: I am not providing trading signals or financial advice. The information shared here is solely for my own documentation and to demonstrate my trading journey. By openly sharing my process, I aim to put pressure on myself to stay focused and continually improve as a trader. If you choose to act on any of this information, you do so at your own risk, and I will not be held responsible for any outcomes. Please conduct your own research and make informed decisions.
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.