I have been following ETC for a while and decided to open a new idea that follows my trade. I decided to enter a long position after seeing and following a descending wedge. This, coupled with the news of a hardfork made me feel comfortable with opening a long position. I opened at .013 with a stop loss of .0008. I felt that this was the margin of loss I was willing to work with.
Since the trade opened, ETC has hit TP 1 twice and has fallen below to near purchase price. Using capital management at the TP and since we are still above s/l price, I am keeping the trade active.
Since the trade opened, ETC has hit TP 1 twice and has fallen below to near purchase price. Using capital management at the TP and since we are still above s/l price, I am keeping the trade active.
Trade active
Trade active
I have adjusted the wedge with the new movement and we appear to be nearing a breakout. Trade active
getting closer...Trade closed: target reached
tp 1 reached.
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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.