Trade entered at 20k sats.
Trade closed: stop reached
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This trade is a bummer. I just saw the cup and handle formation and volume to enter this trade. I didn't have a trading plan and didn't do further analysis while entering this trade. Clearly out of my mind. Sorry for posting this piece of sh*t.
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Some TA i had done
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I think the wave 3 has started and is in its nascent stage. It will only be recognised by traders when there is a sudden uptick. Also the volume contraction and volatility contraction is a confirmation that wave 2 had finished. I wish I could trade this setup but all my capital is in other trades right now. This is not a cup and handle formation as said in the title. I have to study a lot about cup and handle formations to analyse them correctly. I will be updating this post.
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Buyers are taking control of this market. First target at 20000 sats