Rcn short trade -low risk high reward set up Long

Description

⋅ Mar 26, 2018 1:29 PM

1. Three candle reversal pattern
2. Price into support/resistance zone
3. Stochastic momentum indicator curving up
4. Entry above 1262 only with a sl of 1220

Trade closed manually

⋅ Mar 26, 2018 6:25 PM

Comments

Billionbits

⋅ Mar 26, 2018 6:25 PM

Trade made a high of 1300 ,but because of Btc movement trade has gone into uncertain zone will suggest moving out of the trade.

Dageraad

⋅ Mar 26, 2018 5:33 PM

why above 1262?

Billionbits

⋅ Mar 26, 2018 6:26 PM

@Ozne, It was a confirmation howvere trade lost the momentum because of bTc movement