steemit self improvement Trading diary: Part 3 Bitbay
Macro: Upwards
Trend: Strong downtrend
Intramarket: Bitcoin unclear, downtrend
KloS? done
OBV: not useful
Scenario cast:
Fibonacci conditions:
midpoint 62% -> slightly ok
H2 80% fibonacci -> good
H3 90% fibonacci -> good
Symmetry -> good
Swing momentum: -> very good
Complexity: -> very good
Fundamentals:
News? ->
Use pending order: done
RRR -> 2
early entry justified? No, but late entry possible
Target: 722
Stop loss: 519
Trading Size: Small because of small RRR
putting orders in the funnel post breakout for potential 2nd chance.
overperformance! keeping some for higher