$GRAM broke the low of the last 20 hours on high volume, and I opened a short.
The 1h candle closed below 1.373, the low of the previous 20 hours. I sold at 1.361.
That candle had 2 times the average volume of the previous hours.
Initial stop at 1.384 (1.7% above). No TP: I use a trailing stop—it moves down with the low and closes if the price rebounds 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.
$GRAM #trading #crypto
The 1h candle closed below 1.373, the low of the previous 20 hours. I sold at 1.361.
That candle had 2 times the average volume of the previous hours.
Initial stop at 1.384 (1.7% above). No TP: I use a trailing stop—it moves down with the low and closes if the price rebounds 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.
$GRAM #trading #crypto