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Anonymous_Trader_0212
Apr 24, 2018 8:28 AM

RCNBTC potential ~25% trade Long

Description

RCNBTC potential trade signal;

I would assume that the price will go lower to 1572 area and then bounce back.
Current market price for entry is fine as well, no stop losses.

Accumulation looks solid, I dont think MACD will go below zero line in 4H chart.

Buy entry;
1638-1572

Sell;
1996-1983

Trade period;
Up to this weekend (28/4)

Disclaimer;
Only my personal opinion is expressed, don't consider it as an investment advice, seek professional one if interested.

Trade closed manually

Trade has been closed manually, took small profit percentage.
If you have it still active you can do the following;
a. Buy the dip and adjust the profit taking percentage from the avg. buying price. As this trade isn't being developed despite many opportunities, I would go for a 3-5% as time=money, there are always other trades.
b. Adjust the percentage without buying dips.
c. Do nothing and let it develop.
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