SUSHI regained its trend, 4H TP at 20

17 ก.พ. 2021

I have decided to make a few higher time frame trades. In this case SUSHI regained its trend and so I am longing to 20. I have a SL in place, and you can see entrance on the chart. Should be a great win but we'll see how it goes.

18 ก.พ. 2021

บันทึก

in profit but briefly under the trend line as bitcoin readjusts, still holding, but moved SL up to 15

19 ก.พ. 2021

บันทึก

hit SL, but I have opened up again at 15, as it has found a heavy support at the weekly open. So I would consider this trade valid still. I think I was a bit overzealous with moving my SL up. New SL however is at 14

20 ก.พ. 2021

บันทึก

ended up moving SL to 13.05 in line with that 0.786 fib, got lucky there as 14 hit shortly after. A lesson again of not putting a stop on an order block.
So far it's returned back to trendline, and far exceeded our entry price. I have closed 50% of the trade since this was quite a sticky trade and nearly went against me a few times. I'll let the remaining 50% ride to TP or SL (SL is still the 0.78 fib)

20 ก.พ. 2021

ปิดการเทรด ด้วยตนเอง

Taking profit here. Happy with the profit on this trade honestly, and I think I'd like to move on. However still think this will come to fruition - so enjoy if you're still in.