Long
GFTBUSD UPDATE
Please always remember that there is two legs on every spike ,
So basically, Leg No 1, Pull back, Leg No 2, and pull back,
As I already explained, I have putted a limit order on my entry 2 position which was filled,
Since then, we are in a trading range, that I consider it as Pull back of first leg,
This TR is currently forming a triangle , and based on BTC price action, I expect that we see a bullish break on down trend.
Second point you need to remember:
As I already told you on my trade update, I was planning to update my MAGIC TARGET on this trade, as we had a deep pull back so far.
Based on Measure move on price action,
my magic target is at around 0.44 now!
I will keep my position on this trade as long as my SL is not triggered,
Lets See:-)
So basically, Leg No 1, Pull back, Leg No 2, and pull back,
As I already explained, I have putted a limit order on my entry 2 position which was filled,
Since then, we are in a trading range, that I consider it as Pull back of first leg,
This TR is currently forming a triangle , and based on BTC price action, I expect that we see a bullish break on down trend.
Second point you need to remember:
As I already told you on my trade update, I was planning to update my MAGIC TARGET on this trade, as we had a deep pull back so far.
Based on Measure move on price action,
my magic target is at around 0.44 now!
I will keep my position on this trade as long as my SL is not triggered,
Lets See:-)
Note
I C a break out on down trend of daily chart,Lets see if this will moon us! after retest
Trade closed: stop reached
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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.