Great trading day, loved the quick action on the charts.
Today, RIOT formed a symmetrical triangle in the morning hours.
I marked the top resistance levels, mid support/resistance levels, and bottom support levels.
It was a fantastic freefall from the top resistance levels to mid support levels, where it then formed resistance and plummeted to bottom support levels.
Trade #1 - Up $800 USD in Paper Account
Trade #2: Up $350
Trade #2 was based on Descending Wedge and Channel patterns, forming new support and resistance levels.
It's very hard to see on the 15 minute chart, as I was working with smaller time levels that I cannot publish about.
How do you manage risk? Share any risk-management tactics, traders!
Today, RIOT formed a symmetrical triangle in the morning hours.
I marked the top resistance levels, mid support/resistance levels, and bottom support levels.
It was a fantastic freefall from the top resistance levels to mid support levels, where it then formed resistance and plummeted to bottom support levels.
Trade #1 - Up $800 USD in Paper Account
Trade #2: Up $350
Trade #2 was based on Descending Wedge and Channel patterns, forming new support and resistance levels.
It's very hard to see on the 15 minute chart, as I was working with smaller time levels that I cannot publish about.
How do you manage risk? Share any risk-management tactics, traders!
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.