Short on $AERO: breakdown with volume, below its EMA200.
The 1h candle closed below 0.8161, the low of the previous 20 hours. I sold at 0.8007.
That candle had 5 times the average volume of the preceding hours.
Initial stop at 0.8259 (3.1% above). No TP: I use a trailing stop: it moves down with the low and closes if the price bounces back up to it; 7 days is just the maximum.
The risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$AERO #trading #crypto
The 1h candle closed below 0.8161, the low of the previous 20 hours. I sold at 0.8007.
That candle had 5 times the average volume of the preceding hours.
Initial stop at 0.8259 (3.1% above). No TP: I use a trailing stop: it moves down with the low and closes if the price bounces back up to it; 7 days is just the maximum.
The risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$AERO #trading #crypto