Longing $BSV till Kumo bottom then shorting for 1.68 fib
This is a scalping trade I am taking on BSV
I would not put in more than $100. If both the long and the short trade comes out successful, then the potential profit is $5000. In other words, I am trying to convert $100 into $5kish.
There are two legs of this trade. One leg basically involves price rising till the top of the flat Kumo cloud. Then it gets rejected and dumps for 1.68 fibs.
I would not put in more than $100. If both the long and the short trade comes out successful, then the potential profit is $5000. In other words, I am trying to convert $100 into $5kish.
There are two legs of this trade. One leg basically involves price rising till the top of the flat Kumo cloud. Then it gets rejected and dumps for 1.68 fibs.
Komen:
Price rose as high as 225. It is really close to Kijun. I am putting stop loss in profit at this stage on the first leg
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