Short on $牛来: bearish breakdown on high volume, below its EMA200.
The 1-hour candle closed below 0.07802, the low of the previous 20 hours. I shorted at 0.07631.
That candle had 3 times the average volume of the preceding hours.
Initial stop at 0.08015 (5.0% higher). No TP: I use a trailing stop that moves down with the low and closes the trade if the price rebounds to it; 7 days is just the maximum.
Many trades don't work out, so I risk only a little on each one.
This is not financial advice. Do your own research and adjust your risk.
$牛来 #trading #cripto
The 1-hour candle closed below 0.07802, the low of the previous 20 hours. I shorted at 0.07631.
That candle had 3 times the average volume of the preceding hours.
Initial stop at 0.08015 (5.0% higher). No TP: I use a trailing stop that moves down with the low and closes the trade if the price rebounds to it; 7 days is just the maximum.
Many trades don't work out, so I risk only a little on each one.
This is not financial advice. Do your own research and adjust your risk.
$牛来 #trading #cripto