Entry: 49280 SL: 49255 TP1: 50900 TP2: 52000 Lets see how this goes, i think it needs to clear the previous high of around 50700 first. The 50500-50700 area has been tested twice now, each time with heavy selling forcing the price downwards. Might end up exiting earlier if needed
Long Entry: 48324 SL: 47726 TP1: 49417 (move SL to bE once hit) TP2: 50400
I'm documenting my trading strategy so apologies for not providing any TA here. I just want a record of my trades. BTC SHORT ENTRY - 48039 SL - 48561 TP1 - 46975 (MOVE SL TO BREAK EVEN IF PRICE HITS TP1) TP2 - 45917 R:R - 3:1
Going short here on XRP. Will update shortly
Looking to go short here. There could be a bit more upside but IMO the charts look bearish for the following reasons: 1. 4hr 0.618 fibonacci retracement 2. 1HR, 4 HR and daily stoch oversold 3. Daily appears to making a bearish divergence - not yet confirmed 4. Coronavirus appears to be picking up speed in the US If this trade goes my way I'll be looking to TP...
Hi everyone! This is a simple, well known strategy I've been using for many years. The main benefits of this strategy are that it takes very little time and effort to analyse so is therefore perfect for those with full time jobs or little time on their hands. This strategy works best on the higher timeframes - 4hr +. You'll need to following indicators for this...
Looking to go short here. I'm not as confident as I previously was because it looks like we may be hitting some support. However, IMO the charts look bearish for the following reasons: 1. 4hr 0.6 fibonacci retracement 2. 4 HR stoch oversold 3. Price sitting under 200MA and failing to make a higher high 4. Coronavirus appears to be picking up speed in the US If...
Looking to go short here. I'm not as confident as I previously was because it looks like we may be hitting some support. However, IMO the charts look bearish for the following reasons: 1. 4hr 0.6 fibonacci retracement 2. 4 HR stoch oversold 3. Price sitting under 200MA and failing to make a higher high 4. Coronavirus appears to be picking up speed in the...