Commodity : AGRELLO
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 8% of the total Trading Balance.
Trade 1
Prospective Profit : 15% to 46%
Prospective Loss : 6.5%
RRR : SL to TP1 is 2.32, SL to TP2 is 4.15 , SL to TP3 is 5.53 and SL to TP4 is 7
Trade 2
Prospective Profit : 13% to 52%
Prospective Loss : 7.4%
RRR : SL to TP1 is 1.78, SL to TP2 is 3.46 , SL to TP3 is 5.37 and SL to TP4 is 6.92
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)