ALGOUSD | ALGOUSDT Short trade on harmonic pattern

251
This is just ALGOUSD short trade taken on Phemex exchange with all Twitter link for personal trading journal but maybe someone will find this helpful.
Trade is taken when I saw ALGO reached bearish Gartley harmonic pattern PRZ and possible projected harmonic pattern.

istantanea

After reached confluence of two bearish harmonic (Cypher and Anti Butterfly) I have ready short position with stop loss and targets based on bullish harmonic projection (I use also harmonic patterns for good place to take profit in stages). And always moving Stop on break even or in profit in stages.

istantanea

Rest of full of this trade (I took 3 short and one long what is closed on break even, flipped to short) is on chart with all update I done on my Twitter.

Reminder to always give winning trade to run and losing trade cut when you see is going against your idea. Use Stop Loss and take profit in stages. Move Stop Loss according to your trading plan.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.