Long
BCHSV/BTC - Good Swing Opportunity
A Support / Resistance swing trade with great risk / reward.
Conservative: 1/14 risk/reward, bigger stop loss, smaller target
Aggressive: 1/61 risk/reward, smaller stop loss, bigger target.
Duration: Days to Weeks. Be patient.
Good luck everyone, let's hope support holds, and don't risk too much! I usually stick with 0.5%.
Enter the trade, set the stop Loss (+set the limit target, if your exchange lets you) And forget about the trade.
With 0.5% risk = 7 - 30% profit potential.
Conservative: 1/14 risk/reward, bigger stop loss, smaller target
Aggressive: 1/61 risk/reward, smaller stop loss, bigger target.
Duration: Days to Weeks. Be patient.
Good luck everyone, let's hope support holds, and don't risk too much! I usually stick with 0.5%.
Enter the trade, set the stop Loss (+set the limit target, if your exchange lets you) And forget about the trade.
With 0.5% risk = 7 - 30% profit potential.
Trade closed: stop reached
Price hit Stop Loss
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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.