$龙虾 🚀

Let's check out this 龙虾 setup!

Setup: Long
Entry Price: 0.04875
Stop: 0.044723
Profit Target 1: 0.05499

The trend is bullish on the chart, and price is currently trading in the discount portion of the dealing range, favoring long positions. We've seen a recent change of character five candles ago, indicating a shift in momentum. Price has also swept equal highs (buy-side liquidity) at 0.044723, which often precedes a move higher. We are looking for a reaction from the bullish fair value gap between 0.03938 and 0.04542. A stop loss below the swept liquidity at 0.044723 offers a tight risk management approach, targeting the open buy-side liquidity at 0.05499.

Trade safe and manage your risk!

#SmartMoney #CryptoTrading #龙虾