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Bassface
Aug 20, 2020 9:07 AM

BAT - 35% Trade set up  Long

Basic Attention Token / BitcoinBinance

Description

See previous analysis - Notes on chart.
Enter on retest of weekly level in grey.
You can go down to 4H for entry



Any questions let me know.
If you take the trade let me know

Thanks

Trade active

You can take some profit here - pay yourself.

Trade active

Going to plan with a lovely retest

Comments
goldtrader07
What do you mean by retest? I apologize if its a silly questions, but I am a fairly new trader.
Bassface
@goldtrader07, Its when pricemoves away from a level and comes back to that level - a successful retest is when that level hlds - which shows the presence of buyers . Sorry for the delay in replying
goldtrader07
@Bassface, What should we put our stop loss at and how to do we know when its time to retest.
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