STEEM is drawing funny patterns. Since sentiment is turning bullish more and more, here's my trade idea for it.
Entry at retest just above 12k support with narrow stop loss (just bellow 0.786 Fib retracement level) with three main targets - 0.618 retracement level of last drop, previous high and 1.272 extension.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Entry at retest just above 12k support with narrow stop loss (just bellow 0.786 Fib retracement level) with three main targets - 0.618 retracement level of last drop, previous high and 1.272 extension.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Trade active:
It took a while, but I'm in. Not "ALL IN", just a small amount :)
I had to extend position on the chart.
I had to extend position on the chart.
Comment:
I'm closing 1/3 here.
Comment:
Adding new small position with the same entry as previous one and tighter stop loss.
Comment:
Also second trade is active.
Comment:
Second trade hit stop loss :(
Trade closed: stop reached:
And 2/3 of first trade closed at stop loss.
