Brothers, did you follow up on the position where we set the ambush a few days ago?
IREN short— the order price publicly posted 3 days ago was 43.745. Later, the price kept sliding to 41.310. This move netted +5.56%, and with 12x leverage that’s +68%. The defense price at 45.405 was never touched the whole time; the position was taken very comfortably.
After the take-profit price, the price moved down another -5.32%. Current price is 43.510. From the highest point of about 60 K-lines ago (49.280), there’s still -11.71% room to go. As for volume: the average volume over the last 5 candles is 0.67 times the average volume over the last 60 candles—it's contracting quite noticeably. There’s still room before the lower end of the range. If volume doesn’t continue shrinking, we can look a bit further down.
This time, lock in the gains first—there will be more opportunities later. Keep an eye on changes in volume. If there’s a new setup, I’ll still publish it.
$IREN #TradeJournal
IREN short— the order price publicly posted 3 days ago was 43.745. Later, the price kept sliding to 41.310. This move netted +5.56%, and with 12x leverage that’s +68%. The defense price at 45.405 was never touched the whole time; the position was taken very comfortably.
After the take-profit price, the price moved down another -5.32%. Current price is 43.510. From the highest point of about 60 K-lines ago (49.280), there’s still -11.71% room to go. As for volume: the average volume over the last 5 candles is 0.67 times the average volume over the last 60 candles—it's contracting quite noticeably. There’s still room before the lower end of the range. If volume doesn’t continue shrinking, we can look a bit further down.
This time, lock in the gains first—there will be more opportunities later. Keep an eye on changes in volume. If there’s a new setup, I’ll still publish it.
$IREN #TradeJournal