n1d0

[Swing Trade] BITUSD long from HTF support

Long
n1d0 Zaktualizowano   
BYBIT:BITUSD   None
Hello fellow traders,

At and below entry we have a cluster of support. Take a profit when the trade has been completed for 50% and move your stop-loss to entry.
You could also take a Day Trade when price retraces to the Golden Pocket of the Fib retracement. That level might even end up being a new Lower Low. In that case this idea would be temporarily invalidated.

Good luck and happy trading!

Kind regards,
n1d0
Komentarz:
The Valua Area's have shifted. The idea is still valid, although it would be safer to move the entry to $0.530. I would not place the entry lower than $0.522.

Komentarz:
Moving entry to $0.532. If we don't get a good rejection from $0.78 (see Related Idea down below), this idea will be cancelled.

Komentarz:
Sadly the original idea is invalid if you press the play button, because the long postion box was not wide enough. Anyhow, this trade is about to happen.

Transakcja zakończona: osiągnięto poziom stop:
This was an utter fail. I should have cancelled this trade when I saw the falling knife Price Action. On to the next one.


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