BANDBTC - Up or Down?
Updated
I opened a long position with SL at 0.000525
If price broken down, I will enter to short position immediately.
Risk/Reward on long position ~ 1/10
If price broken down, I will enter to short position immediately.
Risk/Reward on long position ~ 1/10
Trade active
Bullish momentum can be seen on 5min chart. Move SL close to buy zone, around 0.000543.
Note
A 4H candle closed above middle band. We need one more candle to confirm uptrend.Note
BAND trying hard to keep its support.Trade closed: stop reached
Eventually support was lostOur long position closed without P/L
Now we have short position with entry price 0.000543
7% profit till now.
Note
It is like sidewaySL is closure upper than this zone
Trade closed: stop reached
Position closed with 5% profit
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