$MAGMA
The price moved and broke above 0.51 without executing our trade. Let it go to hell—what matters is protecting capital
The price moved and broke above 0.51 without executing our trade. Let it go to hell—what matters is protecting capital
Post
الجنرال 369
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Update $MAGMA :
The price appears solid and gathered in the area we previously identified, and geometrically intersects with the overall 0.618 weekly Fibonacci ratio.
And the AD confirms an entry of even more buying liquidity.
Long entry plan:
In the zone between $0.34777 and $0.32972
Stop loss between $0.28708 and $0.24445
First target $0.45259: close 40% of the trade and move the stop to the entry point (capital protection)
Second target $0.5755: close 40% of the trade and move the stop to the first target (lock in profits).
Leave the remaining 20% to pursue the final target at $1.3
Warning ✋⚠️
Stick to risk management and don’t risk more than 1% of your capital.
The price appears solid and gathered in the area we previously identified, and geometrically intersects with the overall 0.618 weekly Fibonacci ratio.
And the AD confirms an entry of even more buying liquidity.
Long entry plan:
In the zone between $0.34777 and $0.32972
Stop loss between $0.28708 and $0.24445
First target $0.45259: close 40% of the trade and move the stop to the entry point (capital protection)
Second target $0.5755: close 40% of the trade and move the stop to the first target (lock in profits).
Leave the remaining 20% to pursue the final target at $1.3
Warning ✋⚠️
Stick to risk management and don’t risk more than 1% of your capital.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.