Buying #CAKE if price >= 22 on 4H because:
-near broking up (or down) a triangle
-on 4h: on MarketDecipher: anchor & trigger wave getting smaller & smaller (see yellow line)
-RSI going up since mid september
-on daily MACD bullish crossover daily since beginning of october
-above 200 EMA D &lower bull trendline acting as support so far.
Still below 200 EMA 4H
Order type:
BUY STOP: 22
TP: 40
Stop loss: 16.66
Risk to reward ratio: 3.37
Capital risk recommended: 1 or 2%
To avoid false break out, make sure price is >=22 on 4H time frame. if it goes up, wait for pull back, dont fomo.
As always, there will me more opportunities than you could ever handle.
If you are more willing to take a agressive trade, agressive you can buy even now.
We will update
Who is in ?
-near broking up (or down) a triangle
-on 4h: on MarketDecipher: anchor & trigger wave getting smaller & smaller (see yellow line)
-RSI going up since mid september
-on daily MACD bullish crossover daily since beginning of october
-above 200 EMA D &lower bull trendline acting as support so far.
Still below 200 EMA 4H
Order type:
BUY STOP: 22
TP: 40
Stop loss: 16.66
Risk to reward ratio: 3.37
Capital risk recommended: 1 or 2%
To avoid false break out, make sure price is >=22 on 4H time frame. if it goes up, wait for pull back, dont fomo.
As always, there will me more opportunities than you could ever handle.
If you are more willing to take a agressive trade, agressive you can buy even now.
We will update
Who is in ?
Nota
Trade not yet active. Cake is taking his damn time :D
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.