$SIREN Long from 0.02393, target 0.04135 (1:2)
Long setup
Entry: 0.02393
Stop loss: 0.01522
TP: 0.04135
After a 75% retrace price made a new high at 0.04135, which left 0.02463 behind as the inducement. Price swept 0.02463 and is sitting right around it now. The new high at 0.04135 is still untouched, which is the draw. Risking about 36.40% to get to 0.04135, so it pays 2R if the high gets revisited. Small size, defined risk, and I move on if it fails.
Not financial advice.
#SIREN #FuturesTrading #Altcoins
Long setup
Entry: 0.02393
Stop loss: 0.01522
TP: 0.04135
After a 75% retrace price made a new high at 0.04135, which left 0.02463 behind as the inducement. Price swept 0.02463 and is sitting right around it now. The new high at 0.04135 is still untouched, which is the draw. Risking about 36.40% to get to 0.04135, so it pays 2R if the high gets revisited. Small size, defined risk, and I move on if it fails.
Not financial advice.
#SIREN #FuturesTrading #Altcoins