LTC/BTC Entry: two trades for the price of one

POLONIEX:LTCBTC   Litecoin / Bitcoin
I think I annotated the chart enough for this to be clear, but...

There are two trades here - the first is looking to capitalize on action within the larger ascending triangle pattern, the second is looking for a breakout.

By taking a break between the two, by cashing out after trade 1, and placing a new pending order above the resistance, I'll eliminate the risk of watching the profits from my first trade evaporate in a reversal.

Yes, I'll miss out on the couple of points between .019995 and .0205, but I will have secured my profits, avoided the boredom of watching my money sit in a consolidation cycle, and reinforced a good habit.

Happy Trading! Your thoughts & comments are appreciated.
Dagangan aktif
@Tmoran thank you very much
Tmoran Aikido_1
@Aikido_1, You're welcome!
i dont understand how to read the entry and exit points on this chart. When hovering the numbers dont match the btc price on the chart. Makes no sense. What are the exact entry and exiot prices or how can I determine them from this chart. What does "open P&L -0.00023997" and "target 0.0006990" refer to? I'm confused by this.
Tmoran isellbitcoins
@isellbitcoins, Sorry about that two trades and some extra lines makes it a bit confusing.

Trade 1: Entry around .0193; Exit around .01995

Trade 2: Entry around .0205; First Target around .024; Final Target around .0268
Thanks for the detailed description. Unfortunately I can't buy LTC because all the money in the BCH :(
Tmoran versohner
@versohner, I hope you go int on BCH early enough that this dip doesn't hurt too much.
@Tmoran, I didn't :( lol
itsberto123 versohner
@versohner, trade bitcoin for light coin
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Penyaring Saham Penyaring Forex Penyaring Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Dalaman Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Tetapan Profil Akaun dan Pengebilan Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikut Mesej Peribadi Sembang Daftar Keluar