DONATE & Share Post Your Content On Smart Money Management

Search This Blog

Monday, July 12, 2021

ALGOUSD H8: BEST Level to SHORT IT 25/35% gains(SL/TP)(NEW)

ALGOUSD H8: BEST Level to SHORT IT 25/35% gains(SL/TP)(NEW)

ALGO/USD COINBASE:ALGOUSD

Why get subbed to me on Tradingview?

-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates

ALGOUSD H8: BEST Level to SHORT IT 25/35% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses
short and mid term.


πŸ”Έ Summary and potential trade setup
::: ALGOUSD 8hour chart review/outlook
::: compression into wedge now
::: breakdown pending
::: expecting 25%/35% correction
::: shorting from here is a nice trade
::: BEARS will target recent cycle lows
::: TP Bears is +25%/+35% gains
::: no valid setups for bulls now
::: later after pullback/correction
::: bulls may look at buying low
::: recommended strategy: SHORT IT
::: short at market / short rallies/rips
::: SWING TRADE: SHORT/HOLD IT
::: correction not over yet
::: good luck traders!
::: SHORT and get paid. period.
πŸ”Έ Supply/Demand Zones
::: N/A
::: N/A
πŸ”Έ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: BEARS

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.



from TradingView Ideas https://ift.tt/2UI1V2p
via gqrds

No comments: