$FLOKI Long Trading Plan

#FLOKI #methodalgo

reason:

1. 4H RSI column white CycalWave callback

2. Two consecutive HLs are bullish

3. Ascending triangle

📝My trading plan:

Risk: 2%

📊Position: 0.02918

🎯TP1: 0.03137 (23.6%)

🎯TP2: 0.03274 (resistance level)

🎯TP3: 0.04020 (below the 4H red magnet)

🔴Stop loss: 0.02800 (below the 1H white magnet)

Stop loss is reached and the transaction is recorded as a loss

Stop-loss review: The 12-hour view shows that the backtest rebound after falling below the channel has a partial head-and-shoulders bottom pattern and is a red magnet. The best position to take the long position may be at 0.618.