Long
MATIC SHALL WE?
Well looks like Matic is about to break the trend line very well
wait for the good break on the 1hr chart or 2hr chart, a retracement on 1hr or 30min chart and then we can long
Sl - 0.647
Tp 1 - 0.7
Tp 2 -0.78
tp 3 - 0.89
wait for the good break on the 1hr chart or 2hr chart, a retracement on 1hr or 30min chart and then we can long
Sl - 0.647
Tp 1 - 0.7
Tp 2 -0.78
tp 3 - 0.89
Note
Here is the tradeYou can see we have two Stop losses for volatility reasons
Note
PatienceTrade fermée: ordre d’arrêt atteint
Why the trade didn't go according to planfirstly, altcoins are in trouble because of the BTC dominance
2. I didn't realize it on time because it was a fake breakout.
notes on breakouts, always make sure it is a good and long break, not a short candle break
also, use higher time frames like 2hrs and 4hrs.
Despite knowing this why did I enter the trade; I did cos BTC was also making a break and I expected a rally also so would I enter the trade again if i were in the same situation
yes and no
Yes because depends on BTC and BTC.d
No, because a good break out brings confidence in the trade to reach the target
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.