Hello Friends!
BitBotly with a trade signal here!
We're in a short trade currently (and you can be too!)
As far as targets go, we are going to watch the markets closely the next few hours and close the trade manually when we're in a nice profit.
We will probably close this trade once the price action is at the bottom of the wedge IF IT REACTS to the support. If it breaks down, we're obviously going to stick to this trade until prices plummet to the next support level (which also coincide with the Zig-Zag target)
However, if prices show no signs of weakness as they are crawling towards the end of the wedge, we'll also close our trade since high volatility and a possible breakout may occur at the end of the wedge
You can find our full trading history here
BitBotly with a trade signal here!
We're in a short trade currently (and you can be too!)
- Entry: 0.33201
- Stop Loss: 0.34186
As far as targets go, we are going to watch the markets closely the next few hours and close the trade manually when we're in a nice profit.
We will probably close this trade once the price action is at the bottom of the wedge IF IT REACTS to the support. If it breaks down, we're obviously going to stick to this trade until prices plummet to the next support level (which also coincide with the Zig-Zag target)
However, if prices show no signs of weakness as they are crawling towards the end of the wedge, we'll also close our trade since high volatility and a possible breakout may occur at the end of the wedge
You can find our full trading history here
Note
We have moved our stop loss down to 0.33064Note
Moved stop loss again to 0.32763. Our profit is guaranteed to 4,35 % :)
Trade closed: target reached
+4,35% :DNote
This trade looks better and better
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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.
Related publications
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.