Long
RFOX bounced from strong support! +48% profit
The price is nicely bouncing off the 0.5 USD floor and the RSI on the daily chart is cool at 30.
I'm placing the 5-6% Stop Loss just slightly below Support Level. With this the deal has a worthwhile Risk to Reward ratio.
Good luck!
Adam
Entry: 05305
StopLoss: 05024
Takeprofit:
1: 06108
2: 07000
3: 07800
After reaching TP1 I'm moving stoploss to break-even.
*not a financial advice
I'm placing the 5-6% Stop Loss just slightly below Support Level. With this the deal has a worthwhile Risk to Reward ratio.
Good luck!
Adam
Entry: 05305
StopLoss: 05024
Takeprofit:
1: 06108
2: 07000
3: 07800
After reaching TP1 I'm moving stoploss to break-even.
*not a financial advice
Note
TP1 & TP2 reachedNote
moved stoploss to entryTrade closed: target reached
Nailed this one! all targets reached, but I should have had move it further dang it :Dthe graph went past bollingers and I'm waiting it out for a new buying opportunity. More setups to come!
Note
opening another order at current levels
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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.
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.