TRADE 4
Updated
MOVE FROM 10045 TO 8110 WAS VERY SUDDEN. THE 0.618 RETRACEMENT OF THE MOVE CORRESPONDS TO 9300 BUT I THINK THE RETRACEMENT WILL BE A BIT MORE THAN 9300 SINCE THERE IS RESISTANCE AROUND 9360
THE REST OF THE MOVE WILL BE BEARISH ASSUMING BITCOIN GAINED VALUE FOR THE LAST WEEKS WITHOUT PROPER RETRACEMENT
ENTRY: 9360
STOP: 9660
TP1: 8778
TP2: 8130
ASSUMING 500 BALANCE; TRADE SIZE:802$
RISK: 5%
MOVE STOP TO BREAKEVEN IF TP1 HITS
THE REST OF THE MOVE WILL BE BEARISH ASSUMING BITCOIN GAINED VALUE FOR THE LAST WEEKS WITHOUT PROPER RETRACEMENT
ENTRY: 9360
STOP: 9660
TP1: 8778
TP2: 8130
ASSUMING 500 BALANCE; TRADE SIZE:802$
RISK: 5%
MOVE STOP TO BREAKEVEN IF TP1 HITS
Trade active
Trade executed after 34 hoursRisking 5% Here
Trade closed: stop reached
stopped reached with 5% loss
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