Drizzzled

FTM - Potential LONG -DAILY/weekly - Bybit: FTMUSDTPERP

Long
BYBIT:FTMUSDT.P   FTMUSDT Perpetual Contract
Trading view post:

Trade Status: ACTIVE

Trader: Drizzzled (AUS)

Trade Type: LONG
(RE-ENTRY/DCA/LADDER previous entry post,
^N/A^)

Entry 1: 0.2045 (entry 1 box options)
-if missed focus on next entries. Don’t stress.
Entry 2:
Entry 3:
Entry 4:
Entry 5:
Entry 6:
Entry 7:

Stop Loss:
Entry 1: .1475 .236 weekly fib (entry 1 only)
-5-10% move from your chosen entry 1
-slightly above/below entry/key resistance
-1:1 or to own personal risk factor
Entry 2: “”
Entry 3: “”

Take Profit Targets:

-0.3210 (.618 fib daily tp)
-0.4400 (200ema daily tp)
-0.5770 (.618 daily tp)
-0.8275,08710,1.0850 (.618 daily fibs and weekly 50ema)
-

Comments:
-move stop loss to break even once target 1 is hit. DCA entries above/below if stop loss is hit.
-emas will rise/drop with time so shift tp accordingly. If we re-enter higher/lower our same emas become our take profits. Also i have put boxes around key supports which I may choose to take earlier or later profits at too.
-by all means you can long from the daily open to these higher target ‘short’ entries.
-you don’t have to enter at ‘entry 1’ if you would rather enter higher.
-level 1,2 or 3 ,pumps/moves, can go higher and create new levels, hence the re-entries. It’s a shorter time frame strategy.
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