STRBTC Long
Updated
STRBTC Long
Swing Trade (D,240)
As I could see currently HH sequence is building up and I am working with the 3rd touch of the Range, I can anticipate the target at the nearest resistance. But this is quite Risky trade I could sense some selling coming in before going long, the reason I entered the trade is on the bull eye view quote currency is weakening. That made my entry a little earlier. I would like to enter this trade once the candle close above the the present resistance at 0.0000441 5 Sats.
Risk Management
Entry: 0.0000405
TP: 0.00005764
Stop loss: 0.00003749
Position Size: 1% Risk on your capital/3.01
Risk/Reward: 1:2
If TP is hit then we will be at 29.7% profit.
Buy from Sellers and Sell from Buyers.
Swing Trade (D,240)
As I could see currently HH sequence is building up and I am working with the 3rd touch of the Range, I can anticipate the target at the nearest resistance. But this is quite Risky trade I could sense some selling coming in before going long, the reason I entered the trade is on the bull eye view quote currency is weakening. That made my entry a little earlier. I would like to enter this trade once the candle close above the the present resistance at 0.0000441 5 Sats.
Risk Management
Entry: 0.0000405
TP: 0.00005764
Stop loss: 0.00003749
Position Size: 1% Risk on your capital/3.01
Risk/Reward: 1:2
If TP is hit then we will be at 29.7% profit.
Buy from Sellers and Sell from Buyers.
Trade closed: stop reached
I will do post analysis once 2 to 3 candle close on 240.Trade active
Re-entered this trade and target is intact.
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