* DON'T BE AN IDiOT AND THiNK FOR YOURSELF!
* THiS iS NOT A FiNANCiAL ADVICE!
TRADE:: 01_022721_LINK
TYPE:: Long
PATTERN:: Triangle consolidation
SIGNAL:: 4H MFI
FILTER:: 1H OBV
VOLUME:: $30000
ENTRY:: 26.596
SL:: 24.823
TP1:: 63
TP1:: 81
TP1:: 93
R/R:: 36
RISK:: $2100
REWARD:: $60000
PROS::
1. 45% pullback occured, if we are done - we are going back up
2. Nice support line to push the price higher above the resistance
CONS::
1. Market Maker may tend to break the support line and push the price down to liqidation aread around $18-$19
2. 1H and 4H OBV are still red, i need to see them green to be more confident before entering
OVERALL::
* We have a triangle consolidation
* The question is from which point it will be broken?
* We are waiting for the blue line to cross golden line at 4H MFI chart
* 3 scenarios may occur. They are pointed on a chart as arrow-lines
* Be ready to buy the dip at $20-$18 range if the support doesn't hold
* THiS iS NOT A FiNANCiAL ADVICE!
TRADE:: 01_022721_LINK
TYPE:: Long
PATTERN:: Triangle consolidation
SIGNAL:: 4H MFI
FILTER:: 1H OBV
VOLUME:: $30000
ENTRY:: 26.596
SL:: 24.823
TP1:: 63
TP1:: 81
TP1:: 93
R/R:: 36
RISK:: $2100
REWARD:: $60000
PROS::
1. 45% pullback occured, if we are done - we are going back up
2. Nice support line to push the price higher above the resistance
CONS::
1. Market Maker may tend to break the support line and push the price down to liqidation aread around $18-$19
2. 1H and 4H OBV are still red, i need to see them green to be more confident before entering
OVERALL::
* We have a triangle consolidation
* The question is from which point it will be broken?
* We are waiting for the blue line to cross golden line at 4H MFI chart
* 3 scenarios may occur. They are pointed on a chart as arrow-lines
* Be ready to buy the dip at $20-$18 range if the support doesn't hold
👑 More signals in my Telegram channel: t.me/+Cab4_yk4oRFmOWI6