Monero Long (XMRUSD) current 90.89 7Oct17We have a Long setup on Monero.
Irregular Flag pattern which is set to break out.
We have defined our stop loss and entry is either now (my preference) or on confirmation of a breakout.
Momentum is confirming an upwards move nicely.
We are always on the scout for LOW RISK, HIGH REWARD trades.
Succesful trades eat up losses and help our equity grow. That's how you become the 3-5% of successful traders leaving the other 97% traders either to lose money or at most break-even.
R:R approx 2.4:1
Sean Vengan
Professional Trader and Trading Educator
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