Commodity : METAL Trade Type : LONG Trading Against : BITCOIN Entries : Double-UP Entries throughout the Buy Zone Profit Taking : 25% at each TP point. Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 2-4 weeks
Investment in trade : 5% of the total Trading Balance. Prospective Profit : 14% to 63% Prospective Loss : 19% RRR : Between 0.75 and 3.24 depending on TPs
Buy Zone/TPs/SL price points are marked in the chart as follows Greens - Profit Targets (TPs) Blue - Buy Zone (Entries) Red - Stop Loss (SL)