KRAKEN:DASHEUR   DASH / EUR
DASH is fighting around/between 117 - 119 EUR for several days, which is area of previous support/resistance long time ago. DASH/USD chart bellow gives nicer view as it also has more data.

Cypher pattern can be spotted here, as is shown on chart. 300% gain is in play here, so don't expect it will reach point D tomorrow (or ever - future is funny thing :) But DASH is spreading around the globe - the last bigger market was Venezuela, where financial crisis is still ongoing ( google for stuff).

Anyway, regarding trade, I'll set it up like:
- entry 118.20 (if it won't come back here, I'm willing to enter at breakout somewhere over 125)
- stop loss at 115, bellow previous low with some space to breath
- targets: for sure I'll take some profit at respective Fib levels from B to C, but let's see how this will turn out

DASH/USD 1D chart for better overview:

Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Aug 27
Trade active
Aug 28
Comment: Time to take some profit - 25% of trade closed.
Sep 01
Comment: Stop loss moved to 140.
Sep 02
Comment: Current stop loss setup:
Sep 03
Comment: Stop losses raised again:
Sep 05
Comment: Another 25% of trade closed at 175.
Sep 06
Trade closed: stop reached: Last 50% sold with profit at stop loss at 164.

Related Ideas

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out