After a clear Cup & Handle in Bitcoin usdtether 1-min , I made an entry and looked for potential exits by looking at past performance.
Then after identifying an intermediate uptrend I holded my position for 30-mins and exited completely when the price hit a new 5min
high. it turned out to be a right decision as the rally lost strength and ended up in a short term drop. Although I suspected the price to bounce right back up , but didnt enter another trade. This was a very basic setup and simple logic, therefore i didnt used any indicators. Thanks for reading . Happy Trading !!!!
Then after identifying an intermediate uptrend I holded my position for 30-mins and exited completely when the price hit a new 5min
high. it turned out to be a right decision as the rally lost strength and ended up in a short term drop. Although I suspected the price to bounce right back up , but didnt enter another trade. This was a very basic setup and simple logic, therefore i didnt used any indicators. Thanks for reading . Happy Trading !!!!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.