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MURIITHI OC
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MURIITHI OC

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$BTC DON'T GET STOPPED OUT BEFORE RALLY. I took a long on $BTC with a target at VAH. Price reversed at my entry and stopped me out before TP rally. What would have kept me in for the trade. 1. ROUND NUMBERS. $80,000 level is a magnet and holds a lot of liquidity, consider a good buffer of 250-350 points. 2. ATR ( Average True range) average of the last 14 candles , in points. #bitcoin $BTC #TradingLessons #Atr #RiskManagement
$BTC DON'T GET STOPPED OUT BEFORE RALLY.

I took a long on $BTC with a target at VAH.

Price reversed at my entry and stopped me out before TP rally.

What would have kept me in for the trade.
1. ROUND NUMBERS. $80,000 level is a magnet and holds a lot of

liquidity, consider a good buffer of 250-350 points.

2. ATR ( Average True range) average of the last 14 candles , in points.

#bitcoin $BTC #TradingLessons #Atr #RiskManagement
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