Trade Setup: AR Long Position
Market Context:
AR has shown strong performance in the initial upward movement and is now taking support at the double bottom's neckline. This creates an opportunity to enter a long position with a tight stop loss.
Trade Parameters:
Entry: Enter a long trade around $28.
Take Profit:
First target: $35
Second target: $47
Stop Loss: Set at $24
📊 Monitor the price action to ensure the support at the double bottom's neckline holds. Be ready to adjust the setup based on market conditions and price behavior. #AR #CryptoTrading #TradeSetup 🎯
AR has shown strong performance in the initial upward movement and is now taking support at the double bottom's neckline. This creates an opportunity to enter a long position with a tight stop loss.
Trade Parameters:
Entry: Enter a long trade around $28.
Take Profit:
First target: $35
Second target: $47
Stop Loss: Set at $24
📊 Monitor the price action to ensure the support at the double bottom's neckline holds. Be ready to adjust the setup based on market conditions and price behavior. #AR #CryptoTrading #TradeSetup 🎯
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