panjikadar

DOGEUSD 1H Long Trade - 1:3 RRR

Largo
panjikadar Actualizado   
BINANCE:DOGEUSD   Dogecoin
RRR: 1:3
SL: 0.15090
TP: 0.20000

In this trading strategy, I present a compelling opportunity for a long position on the DOGEUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:3.

Indicators:

EMA200: The EMA200 serves as a critical indicator of the long-term trend direction.

MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend.

Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
Orden cancelada:
cancelled. closed manually
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