Structure for $RIF Recovery Is Getting Stronger
This is my trade plan: Long
Entry price: 0.0752
Stop loss: 0.0719
Target 1: 0.0768
Target 2: 0.0777
Target 3: 0.0785
Short-term momentum on $RIF is back after a very good response from its demand zone. Higher lows and continuous buying action indicate that bulls are trying to counteract the earlier downtrend. By staying above the entry point, the bullish structure will stay intact.
Risk management should come first. Once Target 1 is hit, you may want to take the risk off the table and ride out the rest of the position for the higher targets.
#RIF #Crypto #BinanceSquare
#KOSPINikkeiOpenHigherOnChipStocks
This is my trade plan: Long
Entry price: 0.0752
Stop loss: 0.0719
Target 1: 0.0768
Target 2: 0.0777
Target 3: 0.0785
Short-term momentum on $RIF is back after a very good response from its demand zone. Higher lows and continuous buying action indicate that bulls are trying to counteract the earlier downtrend. By staying above the entry point, the bullish structure will stay intact.
Risk management should come first. Once Target 1 is hit, you may want to take the risk off the table and ride out the rest of the position for the higher targets.
#RIF #Crypto #BinanceSquare
#KOSPINikkeiOpenHigherOnChipStocks