RDD-BTC Long Term Long Trade Plan

6 ก.พ. 2019

Commodity : REDD COIN
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 2-4 weeks
Investment in trade : 3% of the total Trading Balance.
Prospective Profit : 22% to 108%
Prospective Loss : 16%
RRR : SL to TP1 is 1.4, SL to TP2 is 2.6 , SL to TP3 is 4.8 and SL to TP4 is 6.4

Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)