A good Bullish Divergence on MACD-H A divergence with Elder Force Index, so this is a confirmation. False breakout developing on the 1H chart, which confirms a possible upward movement because of this price is rejected.
RSI touched overbought zone
I expect it to go up to the slow EMA Target can also be the +0.5 or +1 ATR
I will decide if I get out at target 1 (first arrow) and with how much. I could take 1/3 or 2/3 up to the +1 ATR, depending on how the trade develops.
Entry 0.00001144 Target 0.0001180
Stop Loss 0.0001130
R/R ratio: 1:2.5
Comment
So what do we see here?
Manipulation on Binance? That's why I use stop alerts, not stop losses: It did not kill me.
Binance:
Bittrex:
Trade closed: stop reached
The trade did not reach the target.Target was too positive, I was too greedy, the target should have been the slow EMA, not +1 ATR.
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