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Dkhantastic
Jan 17, 2023 4:18 AM

$MAGIC at Confluence Long

MAGIC / TetherUSBinance

Description

Confluence or High Quality trading is where 3 or 4 technical signals merge with each other.
BINANCE:MAGICUSDT showed up a nice confluence with FIB Levels, Exponential Moving Average, Trendline break and all that at Support zone.
This High quality trade is what a Daytrader should always patiently wait and look for.

All my level are marked in the picture. Let's see how it plays.

Trade closed: target reached

A quick Green trade. Signing off
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