Long
SRM falling wedge play
SRM is about as low as it can go without being binned from my christmas list. I took a speculative entry on this falling wedge which looks to be playing out. Target is about $8 with maybe a TP1 at obvious resistance
Note
SRM is now high enough that I have moved my stop loss to 5.4 - this represents at 1% account balance gain if I get stopped out.Trade closed: stop reached
Closed out in profit, RIP bitcoin market lol
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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.