LQTY │ SHORT │ 21.10.2023

LQTYUSDT.P

Signals for level breakout

• bar/candles closure near the level;
  
• bar/candles closure near its high/low;
  
• close retest of the level;
  
• accumulation of energy for level breakout;
  
• consolidation near the level;
  
• there is no reaction to a strong instrument movement;
  
• no response to a false level breakout;
  
• the instrument is being held from falling/rising in price;
  
• there is a reserve of calculated ATR;
  
• there is a reserve of technical ATR;
  

Trade Parameters

1. Open: 1.3370336;
   
2. Stop loss: 1.3478656;
   
3. Take profit:
   
   • 1.3045376;
     
   • 1.2937056;
     
   • 1.2828736;
     
   
   Disclaimer
   Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
   
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Comment:

I continue to wait.

Order cancelled:

There was a false level breakout, and now we're approaching the level again. In my opinion, the setup is no longer valid, so I'm canceling the order to open a position.