LINK Token Long Position : Short-Term Strategy
#LINK🔥🔥🔥 #Link #linkshort #Write2Earn! #BinanceSquareFamily
Trade Overview :
A long position has been entered on LINK based on the **2-hour Fair Value Gap (FVG)** below the Point of Control (POC), indicating potential upward movement.
Key Indicators :
- Channel Analysis : Entered at the low border of a minor channel.
- Value Area Low (VAL) : Identified for optimal entry.
- Liquidity Grab :
Targeting liquidity zones to capitalize on market movements.
- Discount Zone :
Positioned within a discount zone to enhance profit potential.
Take Profits (TPs)
- **TP1**: **11.148**
- **TP2**: **11.288**
- **TP3**: **11.533**
- **TP4**: **11.873**
Stop Loss (SL)
- SL : **10.585**
Conclusion and Advice :
This trade is currently active but carries a **high risk**.
Advice :
Monitor the market closely and be prepared to adjust your strategy based on price action. Consider setting tight stop-loss orders to manage risk effectively while aiming for the identified profit targets. 🌟