EOS / Bitcoin
Panjang
Telah dikemas kini

Potential Triangle Breakout - Long EOSBTC

81
The same pattern. Higher lows, lower highs.

Entry: Put a Stop Buy on the high created on 20th of July (.0004159|+P)
SL: HL (.0003731|-P)
TP: *

Setup conditions:
  • H created today must be under yesterday’s H! therefore wait for a today’s close.


Setup invalidation:
  • LL will be created



*I do not like TP on trend-following strategies – let the winners run!

If you have any questions about risk management or whatever, do not hesitate to contact me.

SystemFollower

You can read more about me as well as about abbreviations/ideas (*) used in this description at the link below.
Dagangan aktif
Stop order hit so I am in the trade.

With a %W (winrate) slightly above 50% and avgW 5times bigger than an avgR on a trade, I have an expected value of the system 1.43. This means for every $1 wagered I expect to make $1.43 per trade.

To win, you have to risk losing.
Nota
Hopefully, we manage to close above the breakout level. Otherwise, it could signalize a failed one.

Something about taking profits.
I do prefer trailing SL. It can be done in many different ways, in this setup, I simply follow the rules of a trend following, therefore my SL is always at higher low and I close a position whenever there is a new lower high created.
Nota
syot kilat

Retest after the breakout followed by bulls reaction. Looks promising.
Dagangan aktif
Hey, lock some profits by moving your SL to a recent higher low.

syot kilat
Dagangan ditutup: hentian tercapai
Trade Review!

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.