LINKUSD 4HR SHORT
LINK is hitting bigger resistance at multiple trend lines with the possibility of a triple top on the LTF
Entry 1: $7.99-8.15
Target 1: $7.05
Target 2: $6.80
Stop Loss: 2-4% based on your own risk tolerance.
Consider moving stop loss to break even after the trade becomes in the money 3-5% to minimize risk.
If a wick stops you out simply wait to see if we confirm back below the trend line before re-entering.
Never chase a trade or force it if the market becomes choppy.
Never trade with out a stop loss, especially on a short.
LINK is hitting bigger resistance at multiple trend lines with the possibility of a triple top on the LTF
Entry 1: $7.99-8.15
Target 1: $7.05
Target 2: $6.80
Stop Loss: 2-4% based on your own risk tolerance.
Consider moving stop loss to break even after the trade becomes in the money 3-5% to minimize risk.
If a wick stops you out simply wait to see if we confirm back below the trend line before re-entering.
Never chase a trade or force it if the market becomes choppy.
Never trade with out a stop loss, especially on a short.
Nota
This trade is now 5% or more into profit. Consider moving stop loss to break even & protect your self.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.
