2023-04-13 23:11:08
DOGE
mention Hey guys, since our trade on BTC has SL above b/e and is a risk free trade, we can now afford to have a new one.
Screen 1) NGL Im not feeling comfy taking this one, cause how bullish the market looks haha but at the same time, this was the plan of ours that I mentioned few days ago for DOGE.
Screen 2) The idea behind the trade is that we seen an initial pump from DOGE after Elon changed the bird twitter logo to doge logo. During that time we broken above key swing high on the left and rejected but not deeply enough. Right now we are baiting the buyers in imo but we have three reasons to go lower
1) Liquidity below equal lows
2) Liquidity below trendline
3) All people buying on the logo change narrative placed their stop just below the low of the pump (our target)
Screen 3) The trade - I'll start scaling in above the local LTF swing high and into the H4 supply
For swing shorts I use lower risk of 2% just a reminder (so in case u are using 2% for longs, then use 1-1,5%)
@Crypto_Signal_Leaks
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