Short stop was hit for $NVDAB
The price did not follow the plan as it needed to move 2.19% for TP1, while the best move was only 0.57%. During this time, Bitcoin moved against the position by 0.68%, which contributed to the stop being closed beyond the set level. A practical takeaway is to always assess broader market conditions when trading.
The path:
- Entry zone 1.7985–1.8095 filled right at the post
- Best move in our favour: 0.57% (TP1 needed 2.19%)
- SL 1.87 hit ~4h15m after entry
- SL candle closed beyond the stop
- BTC over the same window: +0.68%
NFA · DYOR
The price did not follow the plan as it needed to move 2.19% for TP1, while the best move was only 0.57%. During this time, Bitcoin moved against the position by 0.68%, which contributed to the stop being closed beyond the set level. A practical takeaway is to always assess broader market conditions when trading.
The path:
- Entry zone 1.7985–1.8095 filled right at the post
- Best move in our favour: 0.57% (TP1 needed 2.19%)
- SL 1.87 hit ~4h15m after entry
- SL candle closed beyond the stop
- BTC over the same window: +0.68%
NFA · DYOR