Short on $MUBARAK: the 4h candle closed below the 7-day VWAP, with sellers in control.
Entry at 0.0552703.
Initial stop at 0.05944 (7.5% 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.
Risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$MUBARAK #trading #crypto
Entry at 0.0552703.
Initial stop at 0.05944 (7.5% 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.
Risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$MUBARAK #trading #crypto