Weekly macro trade setup for AVAXUSDT based on key Fibonacci levels and structural support.
📌 Trade Parameters:
• Entry Level: Green dashed line (~8.367)
• Stop Loss: Weekly close below the red dashed line (~7.082)
• Target 1 (TP1): 30.407 (Fibo 0.618) 🎯
• Target 2 (TP2): 242.724 (Fibo 1.618) 🚀
📝 Technical Outlook:
Price is consolidating around a major historical support zone. Holding above the entry level validates a potential bullish reversal targeting the 0.618 Fibonacci level and the macro 1.618 extension.
⚠️ Risk Management:
Position size should be aligned with strict risk control (~2% risk per trade). The trade is invalidated upon a weekly candle close below the Stop Loss level.
📌 Trade Parameters:
• Entry Level: Green dashed line (~8.367)
• Stop Loss: Weekly close below the red dashed line (~7.082)
• Target 1 (TP1): 30.407 (Fibo 0.618) 🎯
• Target 2 (TP2): 242.724 (Fibo 1.618) 🚀
📝 Technical Outlook:
Price is consolidating around a major historical support zone. Holding above the entry level validates a potential bullish reversal targeting the 0.618 Fibonacci level and the macro 1.618 extension.
⚠️ Risk Management:
Position size should be aligned with strict risk control (~2% risk per trade). The trade is invalidated upon a weekly candle close below the Stop Loss level.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
