BTCCNY: Let's add or reenter longs if flat
Updated
Simple, we can go long here with good odds for a rally in the intermediate term.
Good luck!
Ivan Labrie.
Good luck!
Ivan Labrie.
Comment
Looks good.Comment
Holding for more upside. USDCNH uptrend helps BTC rally.Trade closed manually
See updated chart, we booked profit and shorted, support didn't hold, not looking good for bulls.Comment
Realized reward/risk here was 4,89:1 if you closed at the top, since we got 77 rmb below our entry only.Comment
(this is also called "Maximum adverse excursion" and is a good metric to evaluate your trading signals.mypivots.com/dictionary/definition/409/maximum-adverse-excursion-mae
Comment
More cha-ching'ing.
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