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Carrypair
Dec 10, 2017 9:32 PM

BTSBTC Long Long

BitShares / BitcoinPoloniex

Description

BTSBTC Long (Intraday)
On a daily perspective, we are in overall sellers territory and we are doing a counter-trend trade. I am going against the trend, as I see the last seller was taken out the buyer on the 1H and I could see the price reacting above the support on 1H and 4H. So, less risk can be taken for more profit booking.

Entry: 0.00001105
TP: 0.0000121
Stop loss: 0.00001075
Position Size: 1% Risk on your capital/0.3
Risk/Reward: 1:1 So, HH RR.
If TP is hit then we will be at 8% profit.

Buy from Sellers and Sell from Buyers.

Trade closed: target reached

TP hit
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