A 3.0% stop loss on a 1.7 R/R trade forces a max loss of about 1.8% of account if you run 2× leverage; with that risk you can swing into a long on ALGO as it bounces off the recent order block.
🟢 $ALGO LONG 📈 — Trade Plan
• Entry: $0.103706 – $0.103914
• Stop: $0.100696 (-3.0%)
• Target 1: $0.105367 (+1.5%)
• Target 2: $0.109001 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market broke its higher low, confirming a CHoCH, while CVD turned bullish and a fair‑value gap sits right under the price. An order block and liquidity sweep line up, giving a POI confluence that makes the long look clean.
3.0% SL is relatively tight for a crypto swing, so stick to 2× or less leverage to keep the max drawdown under 2%.
Take partial profit around the first target at 1.7 R/R before letting the rest run.
As always: manage your risk, this is not financial advice 🙏
$ALGO #ALGOUSDT #SMC #TradingSignals #Write2Earn
🟢 $ALGO LONG 📈 — Trade Plan
• Entry: $0.103706 – $0.103914
• Stop: $0.100696 (-3.0%)
• Target 1: $0.105367 (+1.5%)
• Target 2: $0.109001 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market broke its higher low, confirming a CHoCH, while CVD turned bullish and a fair‑value gap sits right under the price. An order block and liquidity sweep line up, giving a POI confluence that makes the long look clean.
3.0% SL is relatively tight for a crypto swing, so stick to 2× or less leverage to keep the max drawdown under 2%.
Take partial profit around the first target at 1.7 R/R before letting the rest run.
As always: manage your risk, this is not financial advice 🙏
$ALGO #ALGOUSDT #SMC #TradingSignals #Write2Earn