Risky Long Position on ARBUSDT / Trading Setup

24 août 2024

ARBUSDT
ARBUSD

SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage

👾The setup is active but expect the uncertain phase as well.

➡️Entry Area:
Yellow zone

⚡️TP:
On the Chart

🔴SL:
On the Chart

🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.

27 août 2024

Ordre annulé

Stop-loss area is wide, but price stabilized below my trigger area so I cancelled the position.
bulls have a chance to reverse the position at 0.567 level but according to strategy we should close it and move on to the next position.