Mushifar

Sushi long scalp

Long
Mushifar Updated   
BINANCE:SUSHIUSDT   SUSHI / TetherUS
Sushi had a very strong upward movement in the last couple of days and now is retracing to 0.61 FIBO level. I expect a nice bounce from here cause this level lines up with 100 and 200 SMA 4h timeframe and a previous resistance turned support. long entry around 12,5 dollars and stop-loss just below 200 SMA. First TP would be 14.5 dollars and second the 16 dollars
Trade active:
entered the trade here a little above the entry in the chart
Trade closed manually

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.