EOSUSDT, take profit strategy, 30.01.2021, daily timeframe
Time - 30/01/2021 17:45.
Timeframe - 1D.
2 conditions must be met to open a deal:
1. MACD lines cross and there is a positive trend.
2. Candles close above MA 25.
Determine the resistance:
Resistance 1 - 3.10 $ (12% price increase)
Resistance 2 - 3.40 $ (23% price increase)
Resistance 3 - 3.90 $ (41% price increase)
Take profit 1 - 3.10 $.
Take profit 2 - 3.40 $.
Take profit 3 - 3.90 $.
Entry price - 2.77 $.
Next, determine the size for each TP as I think is best done:
Take profit 1 - 3.10 $ - 25 %
Take profit 2 - 3.40 $ - 25 %
Take profit 3 - 3.90 $ - 50 %
Today I only put 2 and 3 TP. Because the first one will be easy.
Timeframe - 1D.
2 conditions must be met to open a deal:
1. MACD lines cross and there is a positive trend.
2. Candles close above MA 25.
Determine the resistance:
Resistance 1 - 3.10 $ (12% price increase)
Resistance 2 - 3.40 $ (23% price increase)
Resistance 3 - 3.90 $ (41% price increase)
Take profit 1 - 3.10 $.
Take profit 2 - 3.40 $.
Take profit 3 - 3.90 $.
Entry price - 2.77 $.
Next, determine the size for each TP as I think is best done:
Take profit 1 - 3.10 $ - 25 %
Take profit 2 - 3.40 $ - 25 %
Take profit 3 - 3.90 $ - 50 %
Today I only put 2 and 3 TP. Because the first one will be easy.
Comment:
3.28 :)
We are waiting for TP2!