Commodity : POLYMATH 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 : 8% to 28% Prospective Loss : 4.5% RRR : SL to TP1 is 2.14, SL to TP2 is 3.35 , SL to TP3 is 6.62
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 closed manually
Closing the trade at break even here and setting up the trade again as follows
Trade active
Trade is still valid. Just the Entries, SL are updated.
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