Long
SNTBTC - possible upward movement to value zone
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
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
Note
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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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.