2.73% risk on your stop loss if you place it where I have it now just below the 0.382 FIB. It's fine if you want to wait longer to see if you can get in lower. Up to you... Or you can spread out several orders within my stop loss price range.
360m TF:
480m TF:
720m TF:
1440m TF (Daily):
360m TF:
480m TF:
720m TF:
1440m TF (Daily):
Kommentar:
If you have not made entry yet, it's probably not a bad idea to break up what your willing to trade in this pair (ADAUSDT) into thirds (3rd's). Maybe one third for entries scattered around within the RED of my stop loss. Then save another third in case we go below it to the 0.236 FIB. The final third can be saved for obvious reversal to upside pressure. I think that reversal to upside pressure may be obvious between November 18th and 20th.
Kommentar:
WOW!!! I was expecting more downward pressure over the next 12 hours "as previous mentioned" but I wasn't expecting THAT much of a drop. Geeez...
Well, those who implemented the stop loss were able to capitalize on this by getting in much lower I hope.
Those who used the "Breaking Up into Thirds Strategy" were also able to use their second 3rd to get in at lower prices. Now you can use the final 3rd for the run up.
I was expecting a shakeout before a run up. But WOW, they REALLY did a shakeout for reals here. ; )
Well, those who implemented the stop loss were able to capitalize on this by getting in much lower I hope.
Those who used the "Breaking Up into Thirds Strategy" were also able to use their second 3rd to get in at lower prices. Now you can use the final 3rd for the run up.
I was expecting a shakeout before a run up. But WOW, they REALLY did a shakeout for reals here. ; )
Kommentar:
A potential bounce soon (when looking at the 480m (8h) TF). It may occur on the next 8h Candle or the one afterward.
5h TF:
Daily TF:
5h TF:
Daily TF:
240m (4h) TF: