Commodity : POLYMATH 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 - 1-2 weeks Investment in trade : 10% of the total Trading Balance. Prospective Profit : 8% to 28% Prospective Loss : 4.5% RRR : SL to TP1 is 2.14, SL to TP2 is 3.35 , SL to TP3 is 6.62
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)
Trade closed manually
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Closing the trade at break even here and setting up the trade again as follows
Trade active
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Trade is still valid. Just the Entries, SL are updated.