Post dump counter-trade retrace.
XBTUSD went down to 4190 where we found a support for the moment.
There was no big retracement, so I presume one might happen in the upcoming days.
Im playing long for a retrace.
This a counter-trend trade, so SL is mandatory!
Remember, at any given moment anything can happen, the price is never too low nor too high.
Max leverage recommended: 1:10, ideally 1:5. Dont invest more than 10% of your whole depo.
Buy: 4300-4400
Sell: 5495 (MMD diamond and fibo 0.618)
R/R: 3:1
SL: 4028 (support from 15/08/2017)
There was no big retracement, so I presume one might happen in the upcoming days.
Im playing long for a retrace.
This a counter-trend trade, so SL is mandatory!
Remember, at any given moment anything can happen, the price is never too low nor too high.
Max leverage recommended: 1:10, ideally 1:5. Dont invest more than 10% of your whole depo.
Buy: 4300-4400
Sell: 5495 (MMD diamond and fibo 0.618)
R/R: 3:1
SL: 4028 (support from 15/08/2017)
Note
Looking good, moving SL to entry level.Trade fermée manuellement
Amended SL reached.Bears still in play.
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