LINKPERP - Price action can go as high as $45

* DON'T BE AN IDiOT AND THiNK FOR YOURSELF!
* THiS iS NOT A FiNANCiAL ADVICE!

TRADE:: LINK_02_09022021
STATUS:: Placed

TYPE:: Long
PATTERN:: Consolidation
SIGNAL:: 4H MFI
FILTER:: 1H OBV + Price Action

VOLUME:: $7000
ENTRY:: 26.811
TP1:: 32
TP2:: 40
TP3:: 45
TP4:: 54
SL:: 26.22
R/R:: 32
RISK:: $150
REWARD:: $3000-$5000

PROS::
1. Strong 4H MFI Signal
2. Bull trend - higher highs, higher lows
3. Clear resistance


CONS::

1. 4H and 1H OBVs are red


OVERALL::
* My the most favorite breakout trade with a very tight stop-loss
* It's now or never for LINK on my opinion. Everything is here to reach higher price levels.
* We MUST go significantly higher $25 level to confirm the transition to another phase

Komentarz:

We can see 1H OBV being Green as i expected. That's giving us more chanses to go up higher

Komentarz:

That was a shakeout of margin traders