BAND / BitcoinUpdated BANDBTC - Up or Down?
I opened a long position with SL at 0.000525
If price broken down, I will enter to short position immediately.
Risk/Reward on long position ~ 1/10
If price broken down, I will enter to short position immediately.
Risk/Reward on long position ~ 1/10
Trade active
Bullish momentum can be seen on 5min chart. Move SL close to buy zone, around 0.000543.
Note
A 4H candle closed above middle band. We need one more candle to confirm uptrend.Note
BAND trying hard to keep its support.Trade closed: stop reached
Eventually support was lostOur long position closed without P/L
Now we have short position with entry price 0.000543
7% profit till now.
Note
It is like sidewaySL is closure upper than this zone
Trade closed: stop reached
Position closed with 5% profit
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.