Harmony
100 trades crypto series
Starting date: 9/August/2021
Day 8
Starting capital: $500
Capital at present: $747
(all trading ideas in the series with commentary and outcome can be found on my profile)
GENERAL:
Coin is in a bull trend, but in excess price.
Scenario 1 - trend resumption. Even if it is possible, because we are in a bull trend, the formation of spike and channel are apparently converting in a trading range.
Scenario 2 - Downtrend. After strong bull run, instant downtrend is probably not going to happen, as the trend wasn't too overextended.
Scenario 3 - Trading range. I think it is the most probable scenario, because bull trend is getting weaker and bull channel is converting into the trading range. Big bear bars forming. Because big bear bars formed it might take some before price decides it's direction. The best way to trade this is to scalp for quick profits.
Starting date: 9/August/2021
Day 8
Starting capital: $500
Capital at present: $747
(all trading ideas in the series with commentary and outcome can be found on my profile)
GENERAL:
Coin is in a bull trend, but in excess price.
Scenario 1 - trend resumption. Even if it is possible, because we are in a bull trend, the formation of spike and channel are apparently converting in a trading range.
Scenario 2 - Downtrend. After strong bull run, instant downtrend is probably not going to happen, as the trend wasn't too overextended.
Scenario 3 - Trading range. I think it is the most probable scenario, because bull trend is getting weaker and bull channel is converting into the trading range. Big bear bars forming. Because big bear bars formed it might take some before price decides it's direction. The best way to trade this is to scalp for quick profits.
Trade fermée: ordre d’arrêt atteint
Should have taken profits with R:R 1:2, but hesitated and was stopped out with max loss.
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.
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.