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KennyHec
Jan 15, 2021 10:33 AM

BZRX - Swing play (late entries) Long

Description

BZRX - Update:
We have a large CnH at play aon the daily chart.
Handle broke-out and retest done, forming a second cup and handle!
Allready have this trade in play as per the previous buy (3 jan).
As it stand today it look quite good for a medium term swing play.
Entry's about now and then leave some to ladder down IF it still comes down that much.
TP1 & TP2 to secure profits, after that let it play.
If you are allready in it, i would not advise adding more to the possition at this moment, as we have a way better entry!
and stoploss i quite far off as of now. If it break out, move stoploss up to BE. As allways, keep an eye on BTC!
#Stronghands

Trade active

All bids filled....

Trade active

TP1 Hit: that 15% over a couple hours.
For now leave the trade allone, i would advise people that have taken tis trade to move stoploss to breakeven later on the day as sundays can be 'dumpy'. If you also took the earlier trade and used this one to add to your possition. leave it as it is. i doubt the prices will drop anytime soon under our average entry point

Trade active

TP2 Hit: That 25% in 3 days time
Move stoploss to BE

Trade active

Despite the market today, it actually kept strong

Trade active

Keeps ranging between TP1 and TP2

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TP3 hit and still holding strong. BZRX Beast-mode activated....

Trade active

Stil waiting for another move upwards...
Comments
Investroy
Same vision over here, cheers for sharing with us
KennyHec
@Investroyllc, Thanks!
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