Bitcoin

Weekly Trading Recap: ADAUSD, BTCUSD, NZDJPY, USDJPY Feb 13 2021

Hello everyone:

Welcome back to the weekly recap video. This week I entered just 3 trades, closed down 2 trades and I still have several positions open. Let's take a look into it.

ADAUSD - Currently running about 7% in profit.
Price continues to push up impulsively on the lower time frame.
I have set a TP of $1.

Full analysis/forecast:
Cardano Shaping up for the next buy move



BTCUSD - Running about +12% in profit in both trades. I scaled in another buy entry once price broke ATH, and formed LTF continuation correction.

Full analysis/forecast:
Bitcoin Breaks ATH, Look for continuation correction to buy



NZDJPY - Take a 1% loss.
Got in on this entry when price broke down from the ascending channel, and formed a LTF correction. I stick to my plan to let the trade run since it hasn't reach 1:1 profit yet to allow me to move the SL to BE.

Full analysis/forecast:
NZDJPY Sell Setup



USDJPY - Trade close for 0.5% profit. Had my SL at BE first, then moved up as I saw the LTF turned in bearish price action. My plan was to secure some profit if price no longer shows further bullish continuation price action.

Full analysis/forecast:
USDJPY Bullish Trading Outlook


Any questions, comments or feedback please let me know.

Enjoy your week. :)

Jojo

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.