Here is my idea of a long term (weeks to months) sei trade
I would use leverage from 2-5x depending on the capital, entering at 0,5934 because I expect the price to tap into that region once more, displacement fvg on the daily and a order block along with fib level aligns there nicely so that makes up for a nice confluence for me to take that as an valid long entry. I would take partial profits along the way on the fib levels.
I am open to criticism and as always DYOR and do not overleverage.
I would use leverage from 2-5x depending on the capital, entering at 0,5934 because I expect the price to tap into that region once more, displacement fvg on the daily and a order block along with fib level aligns there nicely so that makes up for a nice confluence for me to take that as an valid long entry. I would take partial profits along the way on the fib levels.
I am open to criticism and as always DYOR and do not overleverage.
Trade active
also I have set up an extra fib level for price extension 120%, +20% from the swing range as the price might create a new ath
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.