Trading Plan:
1. General Strategy
Capital Allocation: Allocate 20% of capital to short-term trades (timeframes ≤ 1h) and 80% to longer-term trades (timeframes > 1h).
Risk Management: Use a stop-loss of 1% below entry price for long positions and 1% above entry price for short positions to limit risk.
2. Timeframe-Based Strategy
5min, 15min, 30min (Prediction: UNKNOWN)
Action: Wait for more data or pattern confirmation.
Rationale: No clear prediction; avoid entering speculative trades without sufficient evidence.
1h (Prediction: DOWN)
Action: Enter a Sell Position
Entry Price: Current market price.
Take Profit Price: 99,670.37 USD.
Stop-Loss: 1% above entry price.
Reasoning: The prediction indicates a downward movement of 544.77 USD within approximately 44.81 minutes.
4h (Prediction: UP)
Action: Enter a Buy Position
Entry Price: Current market price.
Take Profit Price: 100,936.82 USD.
Stop-Loss: 1% below entry price.
Reasoning: The prediction suggests an upward movement of 721.68 USD within approximately 86.84 minutes.
1day (Prediction: UP)
Action: Enter a Buy Position
Entry Price: Current market price.
Take Profit Price: 100,559.25 USD.
Stop-Loss: 1% below entry price.
Reasoning: The prediction forecasts an upward movement of 344.11 USD within approximately 95.66 minutes, providing a medium-term opportunity.
3. Monitoring and Adjustments
Frequency of Monitoring:
For short-term trades (≤1h), monitor every 10 minutes.
For longer-term trades (>1h), monitor every 30 minutes.
Adjustments: Reassess if market sentiment, volume, or pattern confirmation diverges significantly from the prediction.
1. General Strategy
Capital Allocation: Allocate 20% of capital to short-term trades (timeframes ≤ 1h) and 80% to longer-term trades (timeframes > 1h).
Risk Management: Use a stop-loss of 1% below entry price for long positions and 1% above entry price for short positions to limit risk.
2. Timeframe-Based Strategy
5min, 15min, 30min (Prediction: UNKNOWN)
Action: Wait for more data or pattern confirmation.
Rationale: No clear prediction; avoid entering speculative trades without sufficient evidence.
1h (Prediction: DOWN)
Action: Enter a Sell Position
Entry Price: Current market price.
Take Profit Price: 99,670.37 USD.
Stop-Loss: 1% above entry price.
Reasoning: The prediction indicates a downward movement of 544.77 USD within approximately 44.81 minutes.
4h (Prediction: UP)
Action: Enter a Buy Position
Entry Price: Current market price.
Take Profit Price: 100,936.82 USD.
Stop-Loss: 1% below entry price.
Reasoning: The prediction suggests an upward movement of 721.68 USD within approximately 86.84 minutes.
1day (Prediction: UP)
Action: Enter a Buy Position
Entry Price: Current market price.
Take Profit Price: 100,559.25 USD.
Stop-Loss: 1% below entry price.
Reasoning: The prediction forecasts an upward movement of 344.11 USD within approximately 95.66 minutes, providing a medium-term opportunity.
3. Monitoring and Adjustments
Frequency of Monitoring:
For short-term trades (≤1h), monitor every 10 minutes.
For longer-term trades (>1h), monitor every 30 minutes.
Adjustments: Reassess if market sentiment, volume, or pattern confirmation diverges significantly from the prediction.
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.
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.