MAIDBTC Short
Updated
MAIDBTC Short
Entry: 0.00007242
Take Profit: 50% of your positions at 0.00006509 Sats and stops to "O" and Full profit at 0.00006204 Sats
Stop Loss: 0.00007501 for aggressive and 0.00007817 for conservative traders.
Risk/Reward: 1:38 9 (This is a counter-trend trade and I advise to trade will 60% of your positions for conservative) 2:6 for Aggressive
Profit and Loss percentage: 12.9% and 9.71% (For conservative) 12.9% and 4.9 for aggressive.
On the daily price is slowing down and couldn't make an HH and hit the resent resistance and we got 100% retracement in the daily time frame, this is a weak retracement though but added to this price couldn't make an HH and leaves a wick on the top. After we broke the orange ray we are in the new seller's territory and a weak pullback showing that price is not making HH anymore that is where I entered on the 60 to make a precision entry.
Entry: 0.00007242
Take Profit: 50% of your positions at 0.00006509 Sats and stops to "O" and Full profit at 0.00006204 Sats
Stop Loss: 0.00007501 for aggressive and 0.00007817 for conservative traders.
Risk/Reward: 1:38 9 (This is a counter-trend trade and I advise to trade will 60% of your positions for conservative) 2:6 for Aggressive
Profit and Loss percentage: 12.9% and 9.71% (For conservative) 12.9% and 4.9 for aggressive.
On the daily price is slowing down and couldn't make an HH and hit the resent resistance and we got 100% retracement in the daily time frame, this is a weak retracement though but added to this price couldn't make an HH and leaves a wick on the top. After we broke the orange ray we are in the new seller's territory and a weak pullback showing that price is not making HH anymore that is where I entered on the 60 to make a precision entry.
Trade closed: target reached
Booked 50% profit at 0.00006509 Sats and moved stops to "0"
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