DASH Break Out? Will we DASH to the MOON?
Atualizado
We can see that we are awaiting the break of the cloud on 4 hour, and RSI/CCI looking great at the lower level of cloud/support. I'm monitoring for a candle close ABOVE= BERAKOUT here.
I will be looking to enter break out trade to first target $120. Depending on your trading style, you could have also bought support line and already grabbed ~5% day trade (better with leverage and tight stops and need low fees).
Look further below as I discuss breakout entry in 15 min chart
When looking for entry on the breakout, we will monitor our Camarilla levels in the YELLOW HIGHLIGHT. A nice candle breakout above here and I will enter. Above and await retest bounce also works here for your entry
(STAY IN CONTROL-TRADE YOUR STYLE)
-If we break out- I will monitor at $120 level and likely implement a moving trailing stop loss strategy to allow for higher MOON BLAST breakout potential
-Stop loss is shown at $105 if you are not able to monitor charts and I will have on during overnight
-A 15 minute candle close back below entry level/Camarilla level while watching would allow for closing trade higher than STOP LOSS
-For straight take profits this is TP1 $120
-$140 is a good TP2 and can be looked at further back in higher time frame charts
**BE CAREFUL- OPINIONS NOT FINANCIAL ADVICE***
ENJOY :-)
I will be looking to enter break out trade to first target $120. Depending on your trading style, you could have also bought support line and already grabbed ~5% day trade (better with leverage and tight stops and need low fees).
Look further below as I discuss breakout entry in 15 min chart
When looking for entry on the breakout, we will monitor our Camarilla levels in the YELLOW HIGHLIGHT. A nice candle breakout above here and I will enter. Above and await retest bounce also works here for your entry
(STAY IN CONTROL-TRADE YOUR STYLE)
-If we break out- I will monitor at $120 level and likely implement a moving trailing stop loss strategy to allow for higher MOON BLAST breakout potential
-Stop loss is shown at $105 if you are not able to monitor charts and I will have on during overnight
-A 15 minute candle close back below entry level/Camarilla level while watching would allow for closing trade higher than STOP LOSS
-For straight take profits this is TP1 $120
-$140 is a good TP2 and can be looked at further back in higher time frame charts
**BE CAREFUL- OPINIONS NOT FINANCIAL ADVICE***
ENJOY :-)
Nota
No go for now...will await better signals for breakoutsCan trade bottom of cloud as new entry with tight stop for short term leverage trades. Target top of cloud. NOT FINANCIAL ADVICE
Aviso legal
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