ADA. Read the description before taking any action.
Looks like ADA is trying to break below 1.19. Short on strength strategy should be adopted.
Trade Plan: If it gives a daily closing below 1.19, short it for the target price of $1.04-0.94. That is a major support.
Stoploss:4h closing above 1.25.
Trade Plan: If it gives a daily closing below 1.19, short it for the target price of $1.04-0.94. That is a major support.
Stoploss:4h closing above 1.25.
Comment:
New stoploss: 4h closing above 1.21
Comment:
Always trail your stops
Comment:
New chart!
Comment:
Testing support as resistance. Will wait for 2 candles on the 4hourly chart to close above 1.21 as my stoploss. I am still expecting a dump. At least in ADA.
Trade closed: stop reached