There are 2 charts (TAO nd SOL) in 4 hour time frame
1) If you look at TAO chart we bought around 198/194 zone last time nd pumped 30% by tagging 260. In the chart of Tao, look at the around red line, there are many candles those sustained (Marked in red circle sketch), this is called confirmation holding nd goes up sharply
2) but if you look at SOL where I indicated arrow, there was buying zone in the yellow box, but look at the candles, candles aren't holding but breaking the yellow box sharply, so this isn't confirmation to enter in long trade.
If I say H4 should hold, then check confirmation holding in H4, If I say H12, then check confirmation holding in H12, if I say H1 then check confirmation holding in H1
How to take profits in leverage trades + do not loose:
There are some steps everyone has to follow in leverage trades
1) 1st, if you have $100 then divide them into 10 parts, use $10 in a single trade not more than this.
2) Every leverage's trade margin must be same in all trades, like if I gave 3 trades at same time then make entry in all with same margin, if 2 trades went successful nd one went wrong then you will be in profits , like if you put high margin in wrong trades then you will get wiped profits of 2 successful trades in one wrong trade
3) Always make entry on suggested point, if you missed then avoid entry after pump
4) If suggested trade is running in profits , like 4% up or 5% up, nd you're using 10X it means around 50% profits running . So you have to book half profits at this point nd move SL at entry point ,nd leave rest of run with SL at entry by targeting mentioned tps, never gave back your money incase market goes down
5) Always use suggested SL, don't wait for liquiditity or by thinking that it will bounced now or soon
6) Always set TP in limit order, incase your TP wouldn't be triggered in spike, nd you will regret later
7) Make daily Target of earning nd loosing, if you think that this is enough profits or loss for today then trade on another day
8) Avoid trading during weekend
Remember these things nd keep follow this strategy then you will never face loss in leverage trade, otherwise you will face losses nd not going to grow