Anonymous_Trader_0212

Quick potential trade - 7% EOSBTC

Long
BITFINEX:EOSBTC   EOS / Bitcoin
EOSBTC might give us a quick potential trade of 7% profit taking and moving on to another trade.

4H chart looks good while a lower low is possible.

Entry; current market price or buying the lower low in the next 4-8 hours.

Exit; 7% above buying price.

Time duration; Can be a quick trade of up to 24hours but I would say up to 48hours just in case.

Disclaimer;
Above expresses only my own opinion, this is NOT an investment advice, if interested seek for a professional one.
Trade closed: target reached:
Quick potential trade became longer due to ongoing correction.

However, if you bought the dip and adjusted the average buying price you could already sell your position (like I did) with 7% profit.

If you didn't buy the dip, let it develop or adjust the percent taking profit to lower.
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