ALPHAUSDT 4H Long setup; Pullback entry after broken resistance
TA Explained
ALPHA made a big impulsive move after which it retraced, found support but eventually dropped below it to find support lower. The decending trendline is broken and a higher high is created. Next up a higher low. After which it can continue upwards.
Trade setup
Best entries: 1.43653 - 1.66489
TP1: 2.17054
TP2: 2.79580
TP3: 3.45912
SL: 1.16355
RR: 4.85
Max leverage: 1x
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
ALPHA made a big impulsive move after which it retraced, found support but eventually dropped below it to find support lower. The decending trendline is broken and a higher high is created. Next up a higher low. After which it can continue upwards.
Trade setup
Best entries: 1.43653 - 1.66489
TP1: 2.17054
TP2: 2.79580
TP3: 3.45912
SL: 1.16355
RR: 4.85
Max leverage: 1x
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)