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Home➞SVXY➞BATS➞ALERT: $SVXY | Go long | Price: 109.16 | UTC Time: 2024-03-14T18:30:11Z

ALERT: $SVXY | Go long | Price: 109.16 | UTC Time: 2024-03-14T18:30:11Z

ALERT ➞ BUY $SVXY

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Direction Long
Entry Strategies For This Trade: The goal is to cut losses short and let profits run as long as possible. ⓵ Follow the trend: Identify established trends and trade in the same direction for the best chance of longer gains. ⓶ Use Supertrend: Employ the Supertrend indicator (4-hour interval) to determine the trend direction. ⓷ Verify trend strength: Check the ADX indicator (4-hour interval). Only trade when ADX is above 25, indicating a strong trend. ⓸ Confirm with moving averages: Use moving averages (4-hour interval) as an additional tool to validate the trend direction.
Exit Strategies For This Trade: The goal is to cut losses short and let profits run as long as possible. ⓵ Stop Loss: Exit the trade immediately when you receive an alert signaling a reversal in the market direction. ⓶ Initial Exit: If your trade is profitable, start taking profits when the VStop or BBP indicators change color. If you’re selling too early, wait until your profits are at least three times the 20-day average true range before profit taking. ⓷ Sudden Change: If a profitable trade suddenly reverses and starts moving into loss territory, exit to protect your gains.
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