1INCH entry point
1INCH has seen an impressive move in the past couple of hours and a nice retrace as well. If we draw a Fibonacci tool on the Daily time frame, it shows us that price has retraced at the -0.382 level.
As we can see the MA's moving away from each other this could indicate that the move is not yet done with.
Taking an entry here with a Stop loss set slightly below the most recent swing low seems like a reasonable trade. With the a daily level (and ATH) as target (green bar) this gives us a nice 5.6R:R trade opportunity.
Have you been able to profit off this 1INCH move?
As we can see the MA's moving away from each other this could indicate that the move is not yet done with.
Taking an entry here with a Stop loss set slightly below the most recent swing low seems like a reasonable trade. With the a daily level (and ATH) as target (green bar) this gives us a nice 5.6R:R trade opportunity.
Have you been able to profit off this 1INCH move?
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.