$VIRTUAL broke the low of the last 20 hours with volume and I opened a short.
The 1h candle closed below 0.7304, the low of the previous 20 hours. I sold at 0.73.
That candle moved 2 times the average volume of the previous hours.
Initial stop at 0.7471 (2.3% above). No TP: I use a trailing stop: it moves down following the low and closes if the price rebounds to it; 7 days is only the maximum.
Many don't work out; that's why each trade risks little.
This is not financial advice, do your own research and adjust your risk.
$VIRTUAL #trading #crypto
The 1h candle closed below 0.7304, the low of the previous 20 hours. I sold at 0.73.
That candle moved 2 times the average volume of the previous hours.
Initial stop at 0.7471 (2.3% above). No TP: I use a trailing stop: it moves down following the low and closes if the price rebounds to it; 7 days is only the maximum.
Many don't work out; that's why each trade risks little.
This is not financial advice, do your own research and adjust your risk.
$VIRTUAL #trading #crypto