Commodity : NANO 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 - 1-2 weeks Investment in trade : 10% of the total Trading Balance. Prospective Profit : 6% to 15% Prospective Loss : 4% RRR : SL to TP1 is 1.7, SL to TP2 is 2.35, SL to TP3 is 3.2 and SL to TP4 is 4.02
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)