Commodity : BANCOR
Trade Type : LONG
Trading Against : bitcoin
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration – 2-4 weeks
Investment in trade : 5% of the total Trading Balance.
Prospective Profit : 16% to 68%
Prospective Loss : 11%
: SL to TP1 is 1.5, SL to TP2 is 2.9 , SL to TP3 is 4.3 and SL to TP4 is 6.0
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens – Profit Targets (TPs)
Blue – Buy Zone (Entries)
Red – Stop Loss (SL)
Published at Wed, 10 Apr 2019 06:26:58 +0000
![Bitcoin [btc] breaks $4,200 resistance; corrects itself to $4,100 level |](https://ohiobitcoin.com/wp-content/uploads/2019/03/LFCXk1.jpg "Bitcoin [btc] breaks $4,200 resistance; corrects itself to $4,100 level |")
