forgot about my alts positions

i'm still not in the trade yet

candle still red

stop market triggered

setting SL 33150

why did i set SL 33150?

the trendline is just above 33150,

if it doesn't bounce off the trendline, then the trade is invalidated because it's going back into the wedge

#learn

if this candle closes below the newly formed support zone, i will be closing my trade in a small loss

long bottom wick tells me bulls are fighting hard, good chance for a flip

close still in support zone, trade still valid

#trade

and that’s how we do it 🥳

50% close, sl entry

:-)

remember to set SL to entry after taking some profits, making it a risk free trade from now on

this was a good trade

and i hope it gave you a peek into my thought process and how i do my analysis before trading

even though the order got triggered and it started off in the red, with thorough analysis you'll have the confidence to stick to your trades

your SL should also be set with a reason, and not at random price points