Neo long setup / Bulls or Bears, Tell me in Comments

9 sept. 2024

NEOUSDT By CrazyS
NEONUSD

Hello Traders
💥Long position on NEO

Pine Script®

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

➡️Entry Area:
Yellow zone

⚡️TP:
9.60
9.72
9.83
9.95
10.10

🔴SL:
9.03 - 8.93

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

18 sept. 2024

Note

🔼🔽NEO has fallen sharply after experiencing a volatile market, but first it gives us an opportunity to exit or take profit in TP1 or TP2.

🗣I myself Kept the position and after the price reaches the TP2 level, I trailed my stop-loss at the TP1 level. why?

Because when the market is in low volume or experiencing side phases, your position management process can become suffocating.