Loopring / TetherUSShort
2:1 short trade idea for Loopring
Decent 2:1 short odds for LRC, which has just broken through (1) super-trend and (2) support line, also (3) 20x50 EMA cross-over to the downside. Price-volume weighted average (MFI) and OBV also just broke down.
#3 would've been the optimal short point, but confluence of all (1)(2)(3) is a much safer entry. Don't forget to set your stops automatically when dealing with futures (take yourself out of the equation).
Note- This is for intra day trading only, watch carefully over 4-16 hours period. Longer horizon this stock is still bullish.
#3 would've been the optimal short point, but confluence of all (1)(2)(3) is a much safer entry. Don't forget to set your stops automatically when dealing with futures (take yourself out of the equation).
Note- This is for intra day trading only, watch carefully over 4-16 hours period. Longer horizon this stock is still bullish.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.