DAILY After taking out 111.400 last week we instantly reacted to that with strong daily bearish price movement melting down
WEEKLY Second very bearish weekly movement forming several new lows in smaller timeframes
LEVELS SHORT @ 108.608 SL @ 109.184 TP1 @ 108.040 TP2 @ 107.743 TP3 @ 107.453 Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!
Enjoy our limited Free Content and Setups, leave us a like and Comment!!
DACAPITAL TRADING
Trade active
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Trade closed: target reached
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As we mentioned in our Groups we closed over +50 Pips and moved sl to be
I'm brand new to trading ...I got into cryptocurrency at the high of 18k and in heavy.... and probably took a beating. I'm teaching myself ta and really love it... I notice you're into FX... I'm thinking I would like to learn it as well because the crypto environment is full on Brutal until I get my bearings... is there anybody worth watching on YouTube?
Regardless like your charts....Cheers !
Cryptos can also be very easy if you understand the mechanics behind the market. Forex is a bit easier to understand as the market moves slower and waves more.
Theres also no good Free Content, the most stuff you learn for free is bullshit, learning by doing are my words or get a good Mentor/Coach to speed up the whole process.
Have a great day and keep up your work someday you will be rewarded!
Alan
MedinTrade
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@RonChartman, check out Rayner Teo, that's his free resources website : tradingwithrayner.com/ Check his Youtube, heaps of great content, even for more advance traders. He is a trend follower/price action trader. Simple, yet effective. A good starting point for beginners, I wish I discovered him 2 years ago :(
RF1508
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Nice setup and nice trade! But what do you mean with 50 pips profit? The target wasn't reached yet was it? Did you close it manually?
DACapitalTrading
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@RF1508, Mentioned in our Telegram Groups to close when price was near TP1 as price movement was unpredictable.
Regardless like your charts....Cheers !