Short on $ICP: downside breakout with volume, below its EMA200.
The 1h candle closed below 2.412, the low of the previous 20 hours. I sold at 2.409.
That candle had 2 times the average volume of the preceding hours.
Initial stop at 2.505 (4.0% higher). No TP: I use a trailing stop: it moves down with the low and closes if the price rebounds to it; 7 days is only 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.
$ICP #trading #futuros
The 1h candle closed below 2.412, the low of the previous 20 hours. I sold at 2.409.
That candle had 2 times the average volume of the preceding hours.
Initial stop at 2.505 (4.0% higher). No TP: I use a trailing stop: it moves down with the low and closes if the price rebounds to it; 7 days is only 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.
$ICP #trading #futuros