BTC | 4H LOOKS GOOD TO BUY IN A SHORT TERM!
Bullish engulfing in an uptrend context. Low-risk but still, be careful. Don’t YOLO it, but with no more than 5% of your trading money. Purple line is a stop-loss, green is a buy-order. Target at 56500-57000. Stay tuned for updates!
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Comment:
Place stop-loss at 54090; place take-profit at 56900; close a half of your position there.
Comment:
Drag stop-loss to the break-even level, 55060. Maybe a bit higher, it depends on your exchange fees. Just make you’ll not lose anything.
Trade closed: stop reached:
⭕️ BTC Hit my stop-loss, I closed my position without any losses or profits.
✏️ I took my chances and determined my risk. Today the market didn’t go where I want it to go but despite that fact I managed to save all my money. I cut my losses and maximize my profits. This is a good example of using the right risk-management and that’s the only way to approach any market. In any other case you will lose all your money eventually.
🍀 Trade with your brain, not with your heart!
✏️ I took my chances and determined my risk. Today the market didn’t go where I want it to go but despite that fact I managed to save all my money. I cut my losses and maximize my profits. This is a good example of using the right risk-management and that’s the only way to approach any market. In any other case you will lose all your money eventually.
🍀 Trade with your brain, not with your heart!