TATCH 👻 TRADING JOURNAL: [NLG] Recap on Gulden ahead of Pow2
Hi again !
Quick recap' on Gulden ❤️:
NLG/EUR
Not much to say... stuck in the mud in a tricky TTR (tight trading range). Look for a whipsaw on the low, other than that not much to do.
NLG/BTC
A bit more action here:
After a significant TL (TrendLine) breakout price is retesting the lows. 1600 and 1500sat have been covered.
Price is seting itself up for the "second entry" (best continuation pattern EVER). Basically 'they' are stophunting; looking for an area where to make a double bottom as soon as "they" fed enough. 1111sat seems a possible S/R zone.
This is the best trading pattern because it offer both a high risk/reward ratio but also contains a high probability to happen.
Trading example
Entry: 1111sat
SL: 800 sat
TP: 5555 sat
R:R ratio: 14.3 🤑
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Much love
Cédric
Tatch Capital Limited
[TCN]: Tatch Convertible Note (aka TatchCoin)
https://tatchcapital.com/token.html
[EUR/TCN]
https://wallet.tatchcapital.com/market/TATCHCOIN_EUR
GuldenTrader
GuldenBites
http://guldenbites.nl/en/
@originalworks
All disclaimers and common sense apply.
No advise, just personal commentary.
"Never go full retard".