Price finally went to my first target at $0.90 and reacted in a significant way. I no longer have any risk in the trade with my stops at BE.
Price might melt a bit further, I will take another 25% off the position if price reaches $0.82
As I mentioned I’m looking for longs around that $0.75 zone I marked out at the beginning of the week but that will depend on how price gets there.
I’m still cautious of price dumping all the way to $0.60 and potentially $0.45
Let’s see how the rest of it plays out.
Price might melt a bit further, I will take another 25% off the position if price reaches $0.82
As I mentioned I’m looking for longs around that $0.75 zone I marked out at the beginning of the week but that will depend on how price gets there.
I’m still cautious of price dumping all the way to $0.60 and potentially $0.45
Let’s see how the rest of it plays out.
