PLAN
- Open a long position at 36000 with a stop loss at 33000
- TP positions:
1. 40000
2. 42000
3. 45500
- If the price does not reach our entry price then wait for a pullback from 40000 to 38000 to long again. (Will be updated later)
INFO
- Once price reaches to TP 1 change your stop loss to entry or Take Profit there.
- Do the same for all the TP Positions, increase your stop loss to the previous TP.
- High risk but higher reward, 1:3.5
SIGNING OFF,
THECRYPTONIZER
- Open a long position at 36000 with a stop loss at 33000
- TP positions:
1. 40000
2. 42000
3. 45500
- If the price does not reach our entry price then wait for a pullback from 40000 to 38000 to long again. (Will be updated later)
INFO
- Once price reaches to TP 1 change your stop loss to entry or Take Profit there.
- Do the same for all the TP Positions, increase your stop loss to the previous TP.
- High risk but higher reward, 1:3.5
SIGNING OFF,
THECRYPTONIZER
Trade closed: stop reached:
It was fake breakout, so we got stopped out. Candles are back into the descending triangle.