Saturday, April 27, 2024
I also like ARB. I’m placing alarm for cross of 1.765 as this is important zone for re-test from above and can be taken as long entry zone. Stops below 1.69 also very attractive, but if price goes there and won’t come back fast (leaving a wick), most probably the whole bullish structure will be broken. So betting on nearest zone.
🛒 Taking ARB Long under 1.762
💩 SL on 4H close below 1.69 (risk 4.09% – invest 12.3% per 0.5% capital risk)
Risk Reward levels:
R1 – 1.836 (SL to BE)
R2 – 1.908
R3 – 1.98
R4 – 2.052
Targets:
🎯 TP1 ~1.92
🎯 TP2 ~1.97
🎯 TP3 ~2.05
🎯 TP4 ~2.21
🎯 Open targets
@CryptoBullTrades #ARB #trade


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