Trade opportunity on BTCUSD. Breakout of the symmetrical triangle is in play
Entry 9430$
Stop loss 9165$
Target 1 9732$
Target 2 10300$
Entry 9430$
Stop loss 9165$
Target 1 9732$
Target 2 10300$
Trade active
Comment:
4hour candle now closed above the triangle trendine. Breakout is confirmed. More conservative entries could take place here.
Trade closed: target reached:
Target 1 reached. 50% of the position closed
Stop loss moved to breakeven for the rest 50%
Enjoy
Stop loss moved to breakeven for the rest 50%
Enjoy
Comment:
The stop loss of the rest 50% of my position is moved to 9530$, locking some more profit.
Trade closed manually:
Daily candle is now trading below yesterday's candle. I m closing the rest 50% of my position at 9630 for an extra 200$ of profit. Trade is fully closed for a nice profit