AUCTION /BUSD is an easy trade
Updated
i really don't doubt that auction will hit a +15% the next few days but before that,i think it will revisit the 10$ level
i will open a short position at 10.70 and will look for a single take profit point at 10.11
it's not a huge move so i will use a 3x leverage.
in case it goes sideways i will cut my losses if 4hour candle closes above the descending line around 10.85.
its a really tiny risk,just needs some attention for the candle closing.
cant find tinier risk than that and it is supported both by patterns and indicators
i will open a short position at 10.70 and will look for a single take profit point at 10.11
it's not a huge move so i will use a 3x leverage.
in case it goes sideways i will cut my losses if 4hour candle closes above the descending line around 10.85.
its a really tiny risk,just needs some attention for the candle closing.
cant find tinier risk than that and it is supported both by patterns and indicators
Trade closed: target reached
i will close the position here.it went deep enough at 10.24
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