INJ: Long Idea 15/06/25

3 天前

Trade Direction:
INJ Long

Risk Management:
- Risk halved because of weekend
- Halved again as counter HTF trend (Bearish)

Reason for Entry:
- BTC retrace into OTE of H1 Leg and looks primed for my target on that long at $106,300 - $106,500
- Double Bottom
- Price starting to move out of oversold on multiple timeframes
- Failure to displace lower
- HTF Support.

Additional Notes:
- Target second daily FVG with a flat candle.
- Probably one of the weaker alts and if btc rolls over this will get stopped.
- Double bottom could be read as EQL which could get swept
- Losing the double bottom would invalidate this idea

3 天前

交易進行

Moving stops BE here. Another free trade for the weekend.

3 天前

交易結束：達到停損點

Stopped BE. Wicked me out on MCF

3 天前

註釋

Still have a smaller position running on Binance but not confident it survives.

3 天前

註釋

Binance got stopped aswell at BE. Full review tomorrow.

前天

註釋

Trade Review: INJ

Don't often trade double bottoms/tops, I prefer seeing the EQLs / EQHs swept and entering on the reclaim. Thats what this did just on a HTF. Double bottom got swept aka EQLs before further up.
That said not a bad trade moved 1.2R before reversing.

Closed for Breakeven