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$BTC
• Flirting with resistance, targeting ~6750 on a clean break (Wouldn't get too euphoric until that grey zone breaks)
• On a rejection here, the range EQ should hold as support. I'll long there.
• If that gives in, a retest of the range support (local lows) seems likelypic.twitter.com/t0J8jLELZy
With every subsequent test of the range high, a breakout becomes more likely. Therefore, I don't have a limit order in for my current short term target. Monitoring this closely and will target the zone marked if we breakout.pic.twitter.com/5r9LUVE64g
Beautiful catch.
How you doin this
One question, tho, do you put a stop-loss like a 1% down from your bids? Or do you monitor your position with alarms ?
I don't use a fixed % for stop losses. The SL goes where your thesis for taking the trade is invalidated (after taking into account what kind of trade it is, re:scalp/swing/position). Also, if I go to sleep with an open order, I generally place a tight SL, 6310 in this case.
Good fucking catch mate!
mine missed by 4 bucks=( damn
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