The graph is self-explanatory and it is commented on the main aspects of the operation.
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Buy: As explained above. ~ 0.00237 - 0.0025
Take-profit (short term): ~ from 0.0035 to 0.0055
Take-profit (long term): ~from 0.0065 to from 0.0095
Stop-loss: ~ 0.0017869
Initial stop loss determined using lead line (Kumo basis) and William's fractal
For maximum risk management on this trade, we also could move the stop-loss up with the Kumo, keeping it just below the bottom edge. For even tighter risk management, we could move our stop-loss with the Kijun Sen, keeping it 5 to 10 pips below that line.
Warning! You should not invest more than 10% of your available capital to trade.
Tips:
DASH: XhjuDAxmMYeUNoxDfa6PNM83efKoXfmfpC
Note
Take-profit (short term) reached!Trade active
New consolidation zone, you can sell profitably or strengthen your position.
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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.
Related publications
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.