TradingView
behdark
Jan 12, 2024 12:05 PM

CAKE buy/long setup Long

CAKE / TetherUSBinance

Description

This symbol has a structure that can pull back upwards. We have an ascending CH on the chart and the TL (trend line) is broken.

I marked the TPs on the chart. When the price reaches tp 1, place the stop on the entry.

If CAKE reaches the white FVG range, we will look for buy/long trades.

Do not enter the position without setting stop and capital management.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
More