Just recently opened a uniswap long trade.
Target is $18+
First tp : $17.1 around the previous weekly wick high to the left.
70% partial
Next is $18 where I have another limit order to take off 15% of position. Afterwards I'll re-assess and determine whether o close fully or hold.
I have my stop below the 1hr structure low on this trade. It should be sufficient as long as we don't get another deep correction before 17.1. I think $17.1 is quite probable. Its currently 11:10 am in the morning.
If it moves anything like bitcoin then I anticipate within the next 2hrs it should start pushing back up for next leg.
Adjusted stop from 15.4 to 15.3
Target is $18+
First tp : $17.1 around the previous weekly wick high to the left.
70% partial
Next is $18 where I have another limit order to take off 15% of position. Afterwards I'll re-assess and determine whether o close fully or hold.
I have my stop below the 1hr structure low on this trade. It should be sufficient as long as we don't get another deep correction before 17.1. I think $17.1 is quite probable. Its currently 11:10 am in the morning.
If it moves anything like bitcoin then I anticipate within the next 2hrs it should start pushing back up for next leg.
Adjusted stop from 15.4 to 15.3
Note
Just set a limit order for uniswap long re-entry.
Entry: $15.24
Stop: $14.819
Note
Limited order from earlier failed. Just re-entered manually
Note
Decided to cut loss on uniswap long
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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.