If bullish sentiment will prevail, let's be part of it, otherwise I'll end up with a little bit less than 3% loss. Idea is to buy at 0.382 retracement and aim for previous high, where I'll offload just a small part of trade and rise stop loss to at least entry point. More interesting level for target is around 110k, which corresponds to 1.618 extension and 0.236 retrace of the whole last drop. Total win would be around 135k, where 2.618 extension level and 0.382 retracement level meet.
If stop loss will be reached or order even won't get filled, bottom support line looks like current level of interest.
Daily chart for bigger picture:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
If stop loss will be reached or order even won't get filled, bottom support line looks like current level of interest.
Daily chart for bigger picture:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Trade active:
I'm in. Go EOS, go :)
Trade closed: stop reached:
Stop loss reached.
