Description
⋅ LBINANCE:LINKUSDT
Looking for a long set up on LINK 1H.
A retest and wick rejection from the 4.65 boxed zone.
1:1R At what would be our newly formed 1H 'Higher High' and 1:2R at Daily resistance.
Stops below roundy bottom and impulse drive that broke somewhat significant resistance.
Updates as this plays out. Order cancelled
⋅ Price forming a higher low above entry zone..would not want to long this now, a spike into and rejection from the zone would have been ideal.
Wait to see how price plays out at either the upper range or back at support.
Comment
⋅ The idea seemed to be right :) Maybe I over analyzed?
Better to wish you was in a trade than wishing you were not.
There is always another trade.
patience.