POLONIEX:XMRBTC   Monero / Bitcoin
Swing Trade (D, 240)

XMR is bullish all the way since it crossed the 0.0160 Satoshi mark, after 0.0169 Satoshi mark there is no HH or no LL and we can see a tired uptrend i.e HH sequence and there is no LL after 0.0171 Satoshi. We breached the immediate sellers and maintaining grounds above the hash color line S &R. We can expect that price could reach the top of the wedge . But its a Highly risky trade as we have to keep a wider stop loss because we are trading against BTC and BTC has strength.
Entry: 0.00000531
TP: 0.0193
Stop loss: 0.0167
Position Size: 1% Risk on your capital/800
Risk/Reward: 1:1 So, less RR.
If TP is hit then we will be at 8% profit.

Buy from Sellers and Sell from Buyers.
Trade closed: target reached:

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