Mavski
Long

ENG - High reward for risk

BINANCE:ENGBTC   None
After some nasty road bumps in February, looks like it has had capitulation and is ready for an uptrend swing. Tight stop below for reversals back below the break lines. Great risk to reward ratio here. Also looks great on other pairs.
Comment: Ouch. Has broken back down below 2 of 3 key levels. Might give it a few more 4H candles to try to bounce back, but if it cant reclaim those levels, will need to stop out. Might be failed. This is a case of risk management. The reward is not as important if the risk is too high.
Trade closed: stop reached: sold
Comment: Its still trying..
Comment: here it goes again
Trade active: Time to get back into this one
Trade closed: stop reached: oops forgot to update. stopped out

Comments

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