Algorca

BANDBTC - Up or Down?

Algorca Updated   
BINANCE:BANDBTC   BAND / Bitcoin
I opened a long position with SL at 0.000525
If price broken down, I will enter to short position immediately.
Risk/Reward on long position ~ 1/10
Trade active:
Bullish momentum can be seen on 5min chart.
Move SL close to buy zone, around 0.000543.
Comment:
A 4H candle closed above middle band. We need one more candle to confirm uptrend.
Comment:
BAND trying hard to keep its support.
Trade closed: stop reached:
Eventually support was lost
Our long position closed without P/L
Now we have short position with entry price 0.000543
7% profit till now.


Comment:
It is like sideway
SL is closure upper than this zone
Trade closed: stop reached:
Position closed with 5% profit
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