Long
Updated

AIRSWAP - Buy Opportunity - 79% ROI - 5.4:1 Risk/Reward

611
Reasons why I will enter a long position using a LIMIT ORDER when price retraces back into the consolidation zone:

1. Valid break-out pattern with a clear consolidation zone
2. Smaller time frame patterns have reach upside targets
3. High return on investment (193%) with 16:1 risk/reward
4. Buy low / sell high

Enjoy.

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Note
Ensure stop in place while BTC retracts
Note
Almost reached profit target. Trail stops to lock in profit
Trade closed: target reached
Taking profit on 75% of position leaving the rest as free trade (stop @ BE)

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