Swing Trade (Weekly, Daily)
On daily Buyers are pretty aggressive as the bounced back for the Support area and they wiped out the strong Demand area which is holding for a while and holding above the Demand level , So, technically it is a buy, if price hits this area so aggressive with much power then we can tell that Big Boy is doing his purchase and so, we do.
Entry: 0.0567 BTC
TP 1: 0.0677
Stop loss: 0.0579
Position Size: 1% Risk on your capital/600
Risk/Reward: 1:8 So, HH RR.
If TP is hit then we will be at 16% profit.
Buy from Sellers and Sell from Buyers
On daily Buyers are pretty aggressive as the bounced back for the Support area and they wiped out the strong Demand area which is holding for a while and holding above the Demand level , So, technically it is a buy, if price hits this area so aggressive with much power then we can tell that Big Boy is doing his purchase and so, we do.
Entry: 0.0567 BTC
TP 1: 0.0677
Stop loss: 0.0579
Position Size: 1% Risk on your capital/600
Risk/Reward: 1:8 So, HH RR.
If TP is hit then we will be at 16% profit.
Buy from Sellers and Sell from Buyers
Trade closed: target reached
TP hit but seeing the momentum buyers seems so strong at the moment. Hold your position by taking 50% of your profit.Trade closed: target reached
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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.