22/5/2024 AVAX Long Trade

By looking at 1D, we can see that AVAX was in Consolidate Area from 13/4 - 20/5
The Top and Bottom of the Consolidation Area is label with ORANGE line.
Finally, Avax has breakout the resistance of consolidation area.

Long Plan:
Entry 1 : 39.45 (Resistance become support) 50%
Entry 2 : 37.65 (Theoretically, This is where price could form a Higher LOW, White line) 50%

*I couldn't choose which entries is the best, so I pick BOTH

CL : within the Consolidation Area, Below 37.2 (add 2-3% buffer)
TP Zone : 47.63 - 50.74

(4H Looks)

Commentaire:

Entry 1 hit, Entry 2 my limit didn't hit (will continue limit there).

(4H)

(1H)

Commentaire:

MY SL was hit by the wick. Somehow, my long position still exist.
ibb.co/z8rs5kw

Trade fermée: ordre d’arrêt atteint:

This time really stop out ya