DASH Break Out? Will we DASH to the MOON?

We can see that we are awaiting the break of the cloud on 4 hour, and RSI/CCI looking great at the lower level of cloud/support. I'm monitoring for a candle close ABOVE= BERAKOUT here.

I will be looking to enter break out trade to first target $120. Depending on your trading style, you could have also bought support line and already grabbed ~5% day trade (better with leverage and tight stops and need low fees).

Look further below as I discuss breakout entry in 15 min chart

When looking for entry on the breakout, we will monitor our Camarilla levels in the YELLOW HIGHLIGHT. A nice candle breakout above here and I will enter. Above and await retest bounce also works here for your entry

(STAY IN CONTROL-TRADE YOUR STYLE)

-If we break out- I will monitor at $120 level and likely implement a moving trailing stop loss strategy to allow for higher MOON BLAST breakout potential
-Stop loss is shown at $105 if you are not able to monitor charts and I will have on during overnight
-A 15 minute candle close back below entry level/Camarilla level while watching would allow for closing trade higher than STOP LOSS
-For straight take profits this is TP1 $120
-$140 is a good TP2 and can be looked at further back in higher time frame charts

**BE CAREFUL- OPINIONS NOT FINANCIAL ADVICE***

ENJOY :-)

註釋

No go for now...will await better signals for breakouts

Can trade bottom of cloud as new entry with tight stop for short term leverage trades. Target top of cloud. NOT FINANCIAL ADVICE