Last swing went great and it's currently looking good for another swing set up.
Price broke out of a rising wedge in the 1hr timeframe which is both a bearish chart pattern and a bearish signal.
MACD is about to cross on the daily timeframe and Ichimoku cloud is still thick meaning strong momentum is there.
Expecting more dump in the next coming weeks so I set up a swing here.
I am expecting a big dump so I may hodl this swing for a couple of weeks.
Stop is a bit tight so I might extend it up to possibly a 3% (30% since I'm leveraged), but first I want to see how the current set up plays out.
If I get stopped out, no worries. I'm risking what I can afford to lose.
Disclaimer: This is my personal opinion and is not to be taken as financial advice.
Price broke out of a rising wedge in the 1hr timeframe which is both a bearish chart pattern and a bearish signal.
MACD is about to cross on the daily timeframe and Ichimoku cloud is still thick meaning strong momentum is there.
Expecting more dump in the next coming weeks so I set up a swing here.
I am expecting a big dump so I may hodl this swing for a couple of weeks.
Stop is a bit tight so I might extend it up to possibly a 3% (30% since I'm leveraged), but first I want to see how the current set up plays out.
If I get stopped out, no worries. I'm risking what I can afford to lose.
Disclaimer: This is my personal opinion and is not to be taken as financial advice.
Заметка
Swing's doing well so far. Took some profits and is still looking more bearish than ever.
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.