REN/USDT - Short on Binance - Aiming for 2 TPs

Hello traders

I'll try to share a few trades a day from now on

First one of the day

A short on REN/USDT with 2 Take Profits

- TP1 a bit before the Weekly Traditional Pivot S1
- TP2 a bit before the SMA 100 Daily

This is a swing trade based on an hourly chart so it might take some time to develop

Will update if hard exited and when I'll set my Stop to breakeven

Commento:

+6% already
Adding my stop loss to breakeven
Breakeven means for a short = entry price minus the spread-in and spread-out
So that if stopped out, I won't lose the fees

Commento:

Taking some profit off the table as I'll be away. The rest is protected by a limit stop order
Update incoming tomorrow morning
Have a good night everyone

Trade chiuso: obiettivo raggiunto:

Good morning folks

TP1 HIT !!!! Yeeehaaaaaaaaaaaaa and we came close enough of TP2
I always set my limit orders a bit before my target - to compensate for any eventual slippage

Well done for those who took this one

Commento:

Trade is done for me btw, I said just above that TP1 is hit and TP2 we came close enough :)