Short on $EIGEN: the 4h candle closed below the 7-day VWAP, with sellers in control.
Entry at 0.2509.
Initial stop at 0.2669 (6.4% higher). No TP: I use a trailing stop that moves down with the low and closes the position if the price bounces back up to it; 7 days is just the maximum.
Risk per trade is small, and the stop is always respected.
This is not financial advice. Do your own research and adjust your risk.
$EIGEN #trading #crypto
Entry at 0.2509.
Initial stop at 0.2669 (6.4% higher). No TP: I use a trailing stop that moves down with the low and closes the position if the price bounces back up to it; 7 days is just the maximum.
Risk per trade is small, and the stop is always respected.
This is not financial advice. Do your own research and adjust your risk.
$EIGEN #trading #crypto