So regarding our Bitcoin analysis in case it broke down the triangle, we are there so if this daily candle closes below this fibo line it would become so hard for bitcoin to recover but we were prepared for such occasion and gave the idea of a short position
the price might fall around 13000$ so be prepared
The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss 3%
I suggest you do the same, so if you do 10 trades you only need 3 of them to be successful to gain a profit on your whole trades
the price might fall around 13000$ so be prepared
The strategy behind opening any position is to make sure your win/loss ration is 3/1 i.e TP should be 10% and your stop loss 3%
I suggest you do the same, so if you do 10 trades you only need 3 of them to be successful to gain a profit on your whole trades