AMB-BTC Long Trade Plan
Updated
Commodity : AMBROSUS
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 6% to 27%
Prospective Loss : 3%
RRR : SL to TP1 is 2.4, SL to TP2 is 4.95 , SL to TP3 is 7.00 and SL to TP4 is 9.4
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 6% to 27%
Prospective Loss : 3%
RRR : SL to TP1 is 2.4, SL to TP2 is 4.95 , SL to TP3 is 7.00 and SL to TP4 is 9.4
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Trade closed manually
Closed the trade here at break-even and setting it up again as follows.Trade active
Trade is still valid.Just the Entries, SL are updated.
Trade active
TP1 hit.Nice profits.
Comment
Looking good
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