2024/06/10 ORDIUSDT SHORT PLAN

(4H)

(1H)
Fakeout happened at resistance of Parallel Channel (blue line)

Price breakout green trendline too

Entry Price: 59.90 (Market)
SL: 62.4 - 62.85
TP 1: 55.2
TP 2: 52.2

Not

Forgot to said another reason:
1. By looking at 1D timeframe, you can see that ORDIUSDT had 7 consecutive bullish candles.

*The probability of ORDIUSDT to continue forming 8th BULLISH candle or a BEARISH candle to create some retracement is high?

2. The body of those BULLISH Candle is small, with LONG Wick at TOP. Shows that Rejections are coming in. Those buyers who had long at bottom might start taking profit.

IF you learns from my sharing & like the way I explain my ideas. Do boost my ideas. It HELP a lots.

Have a nice day, Cheers.
by Chai~

Not

TP 1 HIT, SECURE 70-80% PROFIT. MOVE SL TO BREAKEVEN. LET THE RUNNER RUN

Not

My position:
ibb.co/hVf0dYT

İşlem kapandı: hedefe ulaştı

TP 2 HIT

C_L_Y

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.

C_L_Y