COTI - Potential SHORT -15MIN/1HR - Binance for BINANCE:COTIUSDTTrade Status: ACTIVE
Trader: Drizzzled (AUS)
Trade Type: SHORT
(RE-ENTRY/DCA ABOVE previous entry post)
Entry 1: 0.1269 (entry 1 box options)
-if missed focus on next entries. Don’t stress.
Entry 2: 0.1423 “”
Entry 3: 0.1621 “”
Entry 4: 0.1745 “”
Entry 5: 0.2107 “”
Entry 6:
Entry 7:
Stop Loss:
Entry 1: Fib resistance - 0.570 (entry 1 only)
-5-10% move from your chosen entry 1
-slightly above/below entry/key resistance
-1:1 or to own personal risk factor
Entry 2: gann resistance 0.1504 “”
Entry 3:
Take Profit Targets:
-0.1161 (50ema tp)
-0.1086 (200ema tp)
-0.1022 (800ema tp)
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-
Comments:
-move stop loss to break even once target 1 is hit. DCA entries above/below if stop loss is hit.
-emas will rise/drop with time so shift tp accordingly. If we re-enter higher/lower our same emas become our take profits. Also i have put boxes around key supports which I may choose to take earlier or later profits at too.
-by all means you can long from the daily open to these higher target ‘short’ entries.
-you don’t have to enter at ‘entry 1’ if you would rather enter higher.
-level 1,2 or 3 ,pumps/moves, can go higher and create new levels, hence the re-entries. It’s a shorter time frame strategy.
