Get started
shembags

Trade entry on pull back to 50 and 618 fibs

Long
Cosmos / TetherUS PERPETUAL CONTRACT (BINANCE:ATOMUSDT.P)  
shembags Updated   
BINANCE:ATOMUSDT.P   Cosmos / TetherUS PERPETUAL CONTRACT
Trend Analysis Chart Patterns
0
0
trendanalysis chartpattern
- Noted ATOM had a medium term down trend broken on the daily TF.

- Daily bullish MS created with HL and HH.

- Nice bullish push up on the 4 HR TF.

- Missed the break in trend on the bullish push for the short so looking for staggered entries on the 50 and 618.

- SL just below 87.6.

- TP front running previous high on 4 HR.
Comment:
- Cancelled order below 618 and move stop high on entry off 50.
- Lost faith in this one and cut my losses early only loosing 0.6%
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.