I'm taking 5x trade on Litecoin here. 4hr rsi on support possible bounce from here. Also, tested and held the 4hr 20ma. I like that. If bitcoin behaves this has good odds.
If the 4hr rsi breaks it's trendline, or it price action breaks it's trendline, I will close this trade with minimal loss. I trade based on market sentiment and flow. If things turn, I close and wait for clarity. Risk management is the most important part of trading.
Let's see how this works out.
If the 4hr rsi breaks it's trendline, or it price action breaks it's trendline, I will close this trade with minimal loss. I trade based on market sentiment and flow. If things turn, I close and wait for clarity. Risk management is the most important part of trading.
Let's see how this works out.
Operación activa:
Beautiful, so we got the bounce right where we were expecting it. I have sold 10% of this position and moved my stop to entry. This trade is now risk free.
Congrats
Beautiful, so we got the bounce right where we were expecting it. I have sold 10% of this position and moved my stop to entry. This trade is now risk free.
Congrats