$CFX is showing a textbook setup that I’m keeping a close eye on. I’m not interested in chasing volatility; I’m interested in the structural breakdown near $0.04597.
Here is how I’m mapping this 2.4R trade:
• Bias: SHORT entry near $0.04597
• TP1: $0.04549 (Taking partials here to lock in gains)
• TP2: $0.0451 (Targeting the liquidity sweep)
• SL: $0.04633 (Strict invalidation—if it breaks this, the thesis is toast)
Trading isn't about being right every time; it’s about having a plan that keeps you in the game when the market moves. This setup offers a clean risk-to-reward ratio, which is exactly what I look for before committing capital.
What’s on your watchlist today? Drop your favorite ticker in the comments and let’s break it down. If you find these technical setups helpful, make sure to follow for daily updates.
⚠️ Caution: This post is a personal chart study for educational purposes only — Not Financial Advice (NFA). Always Do Your Own Research (DYOR) and trade responsibly.
#CFX #DYOR #CryptoEducation #BinanceSquare
Here is how I’m mapping this 2.4R trade:
• Bias: SHORT entry near $0.04597
• TP1: $0.04549 (Taking partials here to lock in gains)
• TP2: $0.0451 (Targeting the liquidity sweep)
• SL: $0.04633 (Strict invalidation—if it breaks this, the thesis is toast)
Trading isn't about being right every time; it’s about having a plan that keeps you in the game when the market moves. This setup offers a clean risk-to-reward ratio, which is exactly what I look for before committing capital.
What’s on your watchlist today? Drop your favorite ticker in the comments and let’s break it down. If you find these technical setups helpful, make sure to follow for daily updates.
⚠️ Caution: This post is a personal chart study for educational purposes only — Not Financial Advice (NFA). Always Do Your Own Research (DYOR) and trade responsibly.
#CFX #DYOR #CryptoEducation #BinanceSquare