Long
BTCBIDR - Long Position (17/03/2021)
Updated
My long position for BTCBIDR trying to capture ~2% profit today.
Why?
- There is a confirmed pin bar
- I use fibonacci retracement tool to find my entry
- I use fibonacci extension tool to find my exit
- I set my stop loss below the pin bar, so if it's invalidated then I want to out from the trade
Why?
- There is a confirmed pin bar
- I use fibonacci retracement tool to find my entry
- I use fibonacci extension tool to find my exit
- I set my stop loss below the pin bar, so if it's invalidated then I want to out from the trade
Trade active
Trade closed: stop reached
Welp. Lessons learned, I should wait for another signal if the bar is in red
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.