$FET - Getting Close

Mar 10, 2023

Coloured Fibs = log, monochrome = linear.

Buying in spot with small amounts and adding more aggressively if MTF market structure changes. Will close manually if it loses .382 log.

Overall idea = correction looks too short in time compared to impulse.

Linear golden pocket looks too obvious, but monthly POC, 1.272 Fib, 3D OB and .382 Fib gives good confluence.

Will feel more confident if it starts building 1H-4H bull div.

My TP1 and TP2 will be aggressive.

Mar 13, 2023

Trade active

TP1 hit, stop to entry

Mar 13, 2023

Trade active

Manually took TP2 at 0.4

Mar 15, 2023

Note

TP3 hit as well, only 15% left for running.

Mar 15, 2023

Note

Looking for this potential BAT to compound. My stop will be way below but that is the set up if you're not in a position.

Mar 15, 2023

Note

6.5% move from my average entry, took a little profit and moved stop to entry.

Mar 15, 2023

Note

For the last buys, took 25% profit at 0.416, leaving the rest to run until 0.483

Mar 15, 2023

Note

Closed another 25%, will buy back with laddered orders in this box

Apr 12, 2023

Trade closed manually

Forgot to update in this section, but like mentioned in the comments section, this trade is closed after all TPs hit and a bit of compounding.