[Swing Trade] BITUSD long from HTF support

31 thg 7, 2022

Hello fellow traders,

At and below entry we have a cluster of support. Take a profit when the trade has been completed for 50% and move your stop-loss to entry.
You could also take a Day Trade when price retraces to the Golden Pocket of the Fib retracement. That level might even end up being a new Lower Low. In that case this idea would be temporarily invalidated.

Good luck and happy trading!

Kind regards,
n1d0

1 thg 8, 2022

Ghi chú

The Valua Area's have shifted. The idea is still valid, although it would be safer to move the entry to $0.530. I would not place the entry lower than $0.522.

4 thg 8, 2022

Ghi chú

Moving entry to $0.532. If we don't get a good rejection from $0.78 (see Related Idea down below), this idea will be cancelled.

15 thg 8, 2022

Ghi chú

Sadly the original idea is invalid if you press the play button, because the long postion box was not wide enough. Anyhow, this trade is about to happen.

16 thg 8, 2022

Đóng lệnh: dừng lỗ

This was an utter fail. I should have cancelled this trade when I saw the falling knife Price Action. On to the next one.