Long

EVX-BTC Long Trade Plan

Updated
Commodity : EVEREX
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 : 10% of the total Trading Balance.
Prospective Profit : 7.42% to 25.6%
Prospective Loss : 7.03%
RRR : SL to TP1 is 1.06, SL to TP2 is 1.82, SL to TP3 is 2.83 and SL to TP4 is 3.64

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)
Trade active
First TP hit
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Note
And TP2 hit too in 24 hours
:D
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Note
Crypto World is weird.
TP3 hit.
Ran 22% and dropped 54% soon after in a span of 2 minutes. Glad it went up first.
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