REN - Potential LONGS - 1Hr - BINGX: RENUSDTPERP
Trade Status: ACTIVE
Trader: Drizzzled (AUS)
Trade Type: LONG
(RE-ENTRY/DCA/LADDER previous entry post
Entry 1: 0.09834,0.09667, 0.09497(or any of entry 1 zone options)
-if missed focus on next entries. Don’t stress.
Entry 2: 0.08980 “”
Entry 3: 0.07996 “”
Entry 4: 0.07484 or 0.07327 “”
Entry 5: “”
Entry 6: “”
Entry 7:
Stop Loss/ladder re-entries:
Entry 1: 0.08826 or slightly above/below (resistance/support)
-slightly below your re-entries
-5-10% (depending how big the coins range is) move from your chosen entry 1
-slightly above/below entry/key resistance
-1:1 or to own personal risk factor
Entry 2: 0.08826 “”
Entry 3: 0.06922 “”
Entrt 4: 0.06922 “”
Take Profit Targets:
- 0.10240
- 0.11540
-
-
-
Comments:
-move stop loss to break even once target 1 is hit. DCA entries above/below if stop loss is hit.
-emas will rise/drop with time so shift tp accordingly. If we re-enter higher/lower our same emas become our take profits. Also i have put boxes around key supports which I may choose to take earlier or later profits at too.
-by all means you can long from the daily open to these higher target ‘short’ entries.
-you don’t have to enter at ‘entry 1’ if you would rather enter higher.
-level 1,2 or 3 ,pumps/moves, can go higher and create new levels, hence the re-entries. It’s a shorter time frame strategy.
-the harmonic targets are the take profits of the opposite trade to ours so it’s our res/support to enter at.
-don’t hesitate to dm me for guidance :)
@everyone
-Read the write up hit me up if need help.
-treat every entry or entry zone as a single trade setup with its stop loss. If that entry fails we move onto the next entry and so on. Don’t get confused by all the entries take one at a time exactly as every other signal provider does. I’m just giving you the whole range as price action or market makers don’t just retrace at one conventional support/resistance. We are just building confluence lines then grouping them into a stronger chance entry.
The DCA/Ladder technique is for the advanced traders. If your new don’t stress about that for now.
-Entries
-zone equals anywhere in that area and entry only means as close to that entry as possible.
-each stop loss is numbered corresponding with the entry below.
-note each liquidity pool (left boxes) could get taken then retrace.
-note there are bigger fibs above so maybe aim for lower time frame take profits aka 5/15/1hr 50ema.
-arrow pointing up on the take profit zone box means that emas will rise so take profits will rise.
-emas to have on the chart are
5ema (light blue)
13ema (purple)
50ema (yellow)
200ema (red)
800emas (green)
-there are an many liquidity pools to the low to recover which worries me for high prices so stay vigilant.
I hope that helps ;).
Trader: Drizzzled (AUS)
Trade Type: LONG
(RE-ENTRY/DCA/LADDER previous entry post
Entry 1: 0.09834,0.09667, 0.09497(or any of entry 1 zone options)
-if missed focus on next entries. Don’t stress.
Entry 2: 0.08980 “”
Entry 3: 0.07996 “”
Entry 4: 0.07484 or 0.07327 “”
Entry 5: “”
Entry 6: “”
Entry 7:
Stop Loss/ladder re-entries:
Entry 1: 0.08826 or slightly above/below (resistance/support)
-slightly below your re-entries
-5-10% (depending how big the coins range is) move from your chosen entry 1
-slightly above/below entry/key resistance
-1:1 or to own personal risk factor
Entry 2: 0.08826 “”
Entry 3: 0.06922 “”
Entrt 4: 0.06922 “”
Take Profit Targets:
- 0.10240
- 0.11540
-
-
-
Comments:
-move stop loss to break even once target 1 is hit. DCA entries above/below if stop loss is hit.
-emas will rise/drop with time so shift tp accordingly. If we re-enter higher/lower our same emas become our take profits. Also i have put boxes around key supports which I may choose to take earlier or later profits at too.
-by all means you can long from the daily open to these higher target ‘short’ entries.
-you don’t have to enter at ‘entry 1’ if you would rather enter higher.
-level 1,2 or 3 ,pumps/moves, can go higher and create new levels, hence the re-entries. It’s a shorter time frame strategy.
-the harmonic targets are the take profits of the opposite trade to ours so it’s our res/support to enter at.
-don’t hesitate to dm me for guidance :)
@everyone
-Read the write up hit me up if need help.
-treat every entry or entry zone as a single trade setup with its stop loss. If that entry fails we move onto the next entry and so on. Don’t get confused by all the entries take one at a time exactly as every other signal provider does. I’m just giving you the whole range as price action or market makers don’t just retrace at one conventional support/resistance. We are just building confluence lines then grouping them into a stronger chance entry.
The DCA/Ladder technique is for the advanced traders. If your new don’t stress about that for now.
-Entries
-zone equals anywhere in that area and entry only means as close to that entry as possible.
-each stop loss is numbered corresponding with the entry below.
-note each liquidity pool (left boxes) could get taken then retrace.
-note there are bigger fibs above so maybe aim for lower time frame take profits aka 5/15/1hr 50ema.
-arrow pointing up on the take profit zone box means that emas will rise so take profits will rise.
-emas to have on the chart are
5ema (light blue)
13ema (purple)
50ema (yellow)
200ema (red)
800emas (green)
-there are an many liquidity pools to the low to recover which worries me for high prices so stay vigilant.
I hope that helps ;).