INJ one of the stronger alts today but still think it's going much lower.
I can see a Double Top forming on HTF just needs a confirmation below $3.
In this LTF trade I'm waiting for price to go under $3.61 again, that would be a deviation of the LTF Mid Range and my trigger to short it.
First target is Range Low at $3. That is a big level for INJ. After that Goblin town.
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I can see a Double Top forming on HTF just needs a confirmation below $3.
In this LTF trade I'm waiting for price to go under $3.61 again, that would be a deviation of the LTF Mid Range and my trigger to short it.
First target is Range Low at $3. That is a big level for INJ. After that Goblin town.
Follow, like the idea and feel free to leave a comment.
Check out other ideas if you like this one.
Trade active:
Scaling in, first trigger done, now waiting for price to go under $3.51.
Comment:
Stops at break even. Will add on a break of $3.51
Comment:
Stopped out at break even during Asia session. No harm done. We can now see a LTF range between $3.51 and $3.68. This where I will do my business, at Range Highs, Mid Range or breakdown of Range Lows. Trade still valid.
Comment:
Filled my shorts partly yesterday and took some proftis, filled shorts fully today again.
Comment:
Stops in profit. Risk free trade.
Comment:
Taking some profits here at LTF Range Lows. Will compound higher.
Trade closed manually