long bottom wick tells me bulls are fighting hard, good chance for a flip
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
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
your SL should also be set with a reason, and not at random price points
Crypto Mumbles
Photo
as mentioned, SL was set just below trendline as at 33150 the trade is invalidated as btc goes back into the wedge
as expected, a nice bounce off trendline leaving a long wick and closing still within our support zone
following which the next candle flipped back bullish as btc was safe in the support zone
following which the next candle flipped back bullish as btc was safe in the support zone
if you caught the long scalp with me or managed to learn something, please do help me share the channel as well! :)
Crypto Mumbles
(my 50% position is currently still running on btc)
closing another 50% of my runner here