TRADELIKEPROFFSIONALS

POWER OF TRENDLINE

Kort
BITSTAMP:ETHUSD   Ethereum
It seem very difficult to understand but it is very very simple

FIRST TRADE
I am watching the price for very long time and found that it respecting beautifully a trend line once the breakout of
TRENDLINE with strong bullish candle near 200 MA which the second confirmation for my trade

VERY IMPORTANT
I RIDE THE TREND WITH THE HELP OF 21 SMA UNTIL IT CROSS BACK DOWN . THE 21 SMA IS NOT FIX U CAN USE
5,10,21,50,100,200 FOR TRAILING STOPLOSS

SECOND TRADE
when the price break the TRENDLINE that the price made and price also close below 21 SMA
NOW MY SL IS 21 SMA
TARGET 200 SMA

KEEP LEARNING FROM UR STOPLOSS
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