A trade worth taking because of the good R:R
This trade is a good R:R trade. With good support around 20D EMA,i.e. 6600, and bears struggling to push price below it for a daily close. I believe, BTC is ready to go up and overcome 7200-7500 supply zone. This idea is based on m trade idea from 10 days ago.
Manage your own risk, if you can't don't trade.
Entry: 6930
Target: 7800
Stop-loss: 6600
R:R - 3 (So, I know its a good trade)
Manage your own risk, if you can't don't trade.
Entry: 6930
Target: 7800
Stop-loss: 6600
R:R - 3 (So, I know its a good trade)
Comment:
Looking tight, but hands steady this time.
Trade closed: stop reached:
Bad trade. Stopped out.
Lessons learned: Should have stopped the trade manually yesterday itself when PA became weak around 6750, would have saved me 0.5R
Lessons learned: Should have stopped the trade manually yesterday itself when PA became weak around 6750, would have saved me 0.5R