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bestfriendyb
Dec 29, 2020 5:47 PM

Long 1inch RR 1:6 Long

1INCH / TetherUSBinance

Description

Hello my friends ^^
Go Long 1inch with RR 1:6

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Look closer at this picture below.

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More detail

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I will try to keep holding position to the next target

Trade closed: target reached

Ok. I will close this position and take profit. There are so many candles with long upper shadows when Price touch the important Res Zone of M15 TF

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And you can see 1inch-BTC pair, the Price is not enough momentum to break the important Res Zone of M15

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You can buy here. It is too quick in M1 TF

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The position at the picture above hit SL. Trading in M1 TF will be lag if do not follow 123 pattern. In this situation, there is not any 123 pattern.

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I was so greed ^^ So the trade hit Stoploss :(
Comments
Leocarreras1988
keep updating please. There is a possibility that it will go towards 0.85 forming a reverse head man
bestfriendyb
@Leocarreras1988, yes, I am following it. But now there is not a good signal.
cryptoTetherworld
Very well observation
bestfriendyb
@vasimkhaan, Thanks ^^
jeannick
just sell it
jeannick
@jeannick, just buy, it will surely cross 1.5 soon
bestfriendyb
@jeannick, so you will buy or sell? haha
culturalCamel1027
How can you be so sure coz it's not following any past charts from three days?
bestfriendyb
@culturalCamel1027, hello ^^
Firstly, at M1 Timeframe there was a downward 123 pattern. The Price broke the important Res zone of M1 Timeframe clearly. Then the Price built a upward 123 pattern. Price retested the key level and reverse candle pattern appeared. You can see the important Res zone of M15 Timeframe is above. This will be my first Target to take profit (maybe too far). Sorry for my bad English. You can see the picture below.
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