Traders,
I am stepping out of this trade as well with an 8% profit and bringing my current win streak to 9-for-9. I wasn’t really sure I was of this cup and handle pattern. Yes, it still could play out. But, I wanted to capture my profits here on this trade. I would re-enter this if:
We jump back up above $1775 in the next two days
We drop back down to that 200 day ma
Stew
P.S. - I’ve noticed that the new dropstab trade tracker does not do everything I would like it to. Therefore, for now, I will also continue data entry into my spreadsheet for historical purposes but with delayed timing. This way I can still have the data for distribution and use, but without having to worry about updating the sheet immediately. I will continue to use the new dropstab public portfolio for more immediate trade tracking.
Anyways, here are the last 9 trades. I am now 100% in cash at this point until the criteria on the cryptos I am observing are met and ready to long once again. We are sitting at approx $10,800 in our 10k portfolio.
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