The price is nicely bouncing off the 0.5 USD floor and the RSI on the daily chart is cool at 30. I'm placing the 5-6% Stop Loss just slightly below Support Level. With this the deal has a worthwhile Risk to Reward ratio.
Good luck! Adam
Entry: 05305 StopLoss: 05024
Takeprofit: 1: 06108 2: 07000 3: 07800
After reaching TP1 I'm moving stoploss to break-even.
*not a financial advice
Comment
⋅
TP1 & TP2 reached
Comment
⋅
moved stoploss to entry
Trade closed: target reached
⋅
Nailed this one! all targets reached, but I should have had move it further dang it :D the graph went past bollingers and I'm waiting it out for a new buying opportunity. More setups to come!