Eric_K_Trader

LINKUSDT 4H LONG PLAN:Raise Cypher

Long
Eric_K_Trader Updated   
BINANCE:LINKUSD.P   LINK Perpetual Futures Contract
Linkusdt 4H Cypher configuration

Point B should be retracted at least 0.382XA,
but not physically placed at 0.618 (shadow line contact is allowed)

Point C is between the 1.27 (1.13) - 1.414 extension of XA,
but it cannot be physically retracted beyond 1.414 (allow shadow line touch)

Entry point: 0.786XC
Stop loss point: below the X point, set the stop loss according to the volatility
Target 1: 0.382 CD
Target 2: 0.618 CD
Target 3: C point or higher


Entry point: 16.315
ATR: 0.513 x point: 14.969
Stop loss: 14.456 (- 1.859)
Target 1: 18.00 (+ 1.685)
Target 2: 18.631 (+ 2.315)



Opinions are for reference only and do not constitute investment suggestions
Comment:
Shark pattern,CD=1.618AB is a necessary condition, this idea is a wrong idea
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