TradingView
optstrategist
May 11, 2020 3:40 AM

Momentum Long NMRBTC (NMRUSD) Long

Numeraire / BitcoinBittrex

Description

High momentum in NMRBTC and breaking out above prior resistance. Bitcoin has been strong and numeraire even stronger. One way we would approach this momentum trade is by setting an initial stop in the area shown in picture. Then, allow the trend to work in your favor. Begin using a trailing stop of your choice if price moves in your favor by greater than your initial risk.
Comments
NFaC_0FFiciaLs
Im thinking about entering today.
More