KMD-BTC Long Trade PlanCommodity : KOMODO
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 Week
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 8% to 24%
Prospective Loss : 4%
RRR : SL to TP1 is 1.71, SL to TP2 is 2.92, SL to TP3 is 3.92 and SL to TP4 is 5.05
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)
