AAVE:BTC Best odds in the market. 80% chance to make 40% profit
High probability "Reversion to the mean" trade. As long at the pivot holds there is an 80% chance that the price will return to the median line. This is a solid trade. Almost 1:2 Risk : Reward.
Entry: .003322
Stops: .0025910
Target: .004639 (the longer this takes to play out the higher the target)
Never Trust. Verify.
D.Y.O.R. Not Financial Advice, this is my trading journal.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Entry: .003322
Stops: .0025910
Target: .004639 (the longer this takes to play out the higher the target)
Never Trust. Verify.
D.Y.O.R. Not Financial Advice, this is my trading journal.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Comment:
I guess on one likes high probability trades when they are only 40% gains?? haha
Comment:
Trade closed at 54% profit.
Comment:
Look how well this pitchfork is framing the market... A bounce here anyone?
