BTCBIDR - Long Position (17/03/2021)
My long position for BTCBIDR trying to capture ~2% profit today.
Why?
- There is a confirmed pin bar
- I use fibonacci retracement tool to find my entry
- I use fibonacci extension tool to find my exit
- I set my stop loss below the pin bar, so if it's invalidated then I want to out from the trade
Why?
- There is a confirmed pin bar
- I use fibonacci retracement tool to find my entry
- I use fibonacci extension tool to find my exit
- I set my stop loss below the pin bar, so if it's invalidated then I want to out from the trade
Trade active
Trade closed: stop reached:
Welp.
Lessons learned, I should wait for another signal if the bar is in red
Lessons learned, I should wait for another signal if the bar is in red
