It is a risky set up, stay cautious . with FED, Ukraine, and Biden administration plans, being bullish is not suggested although taking little profits from the Bitty is fun.
Trade #1 on the account I have decided to open a long position with the stop of 39500 for the BTC and I am risking $100 (10% of the capital ) as of the first trade. R/R ratio is around 3.5 but remember the trade is going to be risked free at 1/1 R/R. overall trend is downward but for me the risk is appropriate. Lets start the Challenge. Good Luck
Hello everyone, as one of my new years resolutions, I have decided to challenge myself and start building an account from $1000 initial deposit. I have decided to only trade crypto for the first couple of months then I will transfer some of the profits made into a forex account in order to share my forex ideas with you guys as well. Reason behind this challenge is...
Here are my short term ideas regarding BTCUSDT short term movement. Keep in mind with Omicron strain news plus, we are in DEC markets can move unpredictable . Good Luck
after the bearish scenario occurrence, right after the retest to the broken area on 1H time frame, a short position was opened with stop above previous LH on 15 MIN timeframe. **this is not a financial advise, it is only the position that I personally have opened.
Here are three possible scenarios for XAU/USD in my opinion, with new Covid-19 strain and countries starting to lock down. I am afraid what we witnessed on march might happen again. I am not bullish biased at the moment.
Based on what we are seeing on the chart, another leg down is not far away from happening although I think the bear market has not stated yet.
Price has broken the Trend Line, and Short position should be triggered after retesting the Broken key area of 2680-2660. Disclaimer: This is not financial advice. ALWAYS DO YOUR OWN RESEARCH - NEVER TAKE THE WORD OF OTHERS AS A GIVEN! Good luck, people! I wish you well. BINANCE:ETHUSDT