Swing Trade (D, 240)
On daily price is in Overall Buyers territory. On trading time frame the recent seller is taken away by the buyers with lots of power and the price shows that it can't make a LL as it leaves a probe or spike at the bottom. This is a conservative entry and proper Risk Management needs to be taken. As we are correlating with BTC, it has a good strength and that is one of the minus point.
Entry: 0.0746599
TP: 0.00000736
Stop loss: 0.083
Position Size: 1% Risk on your capital/4584.95
Risk/Reward: 1:1 So, minimum RR.
If TP is hit then we will be at 10% profit.
Buy from Sellers and Sell from Buyers.
On daily price is in Overall Buyers territory. On trading time frame the recent seller is taken away by the buyers with lots of power and the price shows that it can't make a LL as it leaves a probe or spike at the bottom. This is a conservative entry and proper Risk Management needs to be taken. As we are correlating with BTC, it has a good strength and that is one of the minus point.
Entry: 0.0746599
TP: 0.00000736
Stop loss: 0.083
Position Size: 1% Risk on your capital/4584.95
Risk/Reward: 1:1 So, minimum RR.
If TP is hit then we will be at 10% profit.
Buy from Sellers and Sell from Buyers.
Trade fechado: stop atingido
The main loss of this trade is BTC strength, as we took the Long trade and BTC took some strength, As I mentioned the risk of BTC strength.
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.