Previously, ADA reacted to 200 MA on h4 negatively and bounced down. Now, it penetrated the level and stays above. I did set my S/L based on Volume Profile. Highly conservative upside target would be below another low volume profile area, but I think we will move beyond that and it is possible to take 1:3.
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I am recording the success rate of my analysis in 2020. Here is how I am doing so far:
•A total potential reward of all my analysis is 5 out of which 2 was realized.
•The total risk of all my analysis (number of analysis) is 2 out of which 1 was realized.
•Trading based on my published analysis would equal to closing one RRR 2:1 position successfully.
•This excludes analysis on LINKBTC , BATBTC, VETBTC which haven't been concluded yet.
I will consider this analysis successful if the price gets reaches 1:2 profit, which is less than is shown on the chart. It will be considered wrong if it moves below stop loss.
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I am recording the success rate of my analysis in 2020. Here is how I am doing so far:
•A total potential reward of all my analysis is 5 out of which 2 was realized.
•The total risk of all my analysis (number of analysis) is 2 out of which 1 was realized.
•Trading based on my published analysis would equal to closing one RRR 2:1 position successfully.
•This excludes analysis on LINKBTC , BATBTC, VETBTC which haven't been concluded yet.
I will consider this analysis successful if the price gets reaches 1:2 profit, which is less than is shown on the chart. It will be considered wrong if it moves below stop loss.
Trade closed: target reached
Nice position, target reached. Check how my other analysis are going: docs.google.com/spreadsheets/d/1YbQkH2iUbktvf9MDv4VXkgqJ79BTz1afxk0_SELHLqY/edit?usp=sharing
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.