1D time frame
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ONE is consolidating under the long-term downtrend, and retesting the 0.618 Fibonacci Retracement, so here is a good timing to set up a perpetual trading plan with 3.6 RR. Also, there is a strong support on higher time frame around 0.008~0.010, this is a great zone to accumulate spot if ONE come back again in future. Therefore, I provide two...
1h time frame
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ONE getting support on the channel bottom, also on the uptrend way.
According pattern structure, we can expect it to reach channel top again.
TP: 0.01465
SL: 0.0113
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Everything on the chart.
Entry: market and lower
Target: 0.027 - 0.033 - 0.038
after first target reached move ur stop to breakeven
Stop: ~0.015 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
risk is justified
Good luck...
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