(this is a repost due to the original being removed by tradingview for sharing an incorrect link)
ALICE/USD 12hr trade set up.
Looking to go long once price action test the lower demand zone .
If the demand zone holds and ALICE continues to range it should provide a nice swing trade opportunity.
Entry: $1.80-1.92 Target: $2.98-$3.25 Stop Loss: 4-6% below entry based on risk.
Never trade with out a stop loss unless you want your swing trade to turn into a HODL position.
Should support area break down and confirm, the true bottom will not be in.
Comment
â‹…
I was not watching as closely as I should have been and my order did not fill. Missed it by .01 but thats ok. Will wait to see if we retrace before a break out. No chasing.