Why do I believe in this trade?
Because, an important price was left behind and is likely to try a retest, the 4th dip on the weekly just occurred, price just formed a new all time low, and because price is down 30%+ from the last high, without a significant rise on the way down.
I am expecting price to rise 44% from 0.0528.
Because, an important price was left behind and is likely to try a retest, the 4th dip on the weekly just occurred, price just formed a new all time low, and because price is down 30%+ from the last high, without a significant rise on the way down.
I am expecting price to rise 44% from 0.0528.
Trade closed manually
Price dipped after entry, and price is now back to entry. OUT
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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.