You are viewing a single comment's thread from:
RE: Bitcoin Trade (BTC/USD) : 23-Oct-2017
Nice @nomadz, Hang on :-)
The call to move SL is totally dependent on the price movement (subjective)... the way the Up Fractal was broken (on 20-Oct), warrants SL to be the low of the breaking bar’s low - 10 which is 5593... this is kind of “art” of trading, a feel, which you develop over time !
Similar movement (SL) I did on 05-Aug-2017... I think I started steeming after that, so you can check the fractal break on that day... The way fractal breaks gives a good indication...
So, if the price comes down to 5593, I would consider the break void and get out all 3X... and enjoy the profits :))