I'm exiting STORJ early for 26% profit.
Here's what I saw that made me exit. And other trade exits.
Traders, I give my new indicator a lot of respect. So, when it flashes RED, I listen. But that’s not the only thing I saw here. Flashing RED in a liquidity block definitely means it’s probably time to sell. But combine this with what looks to be a completed “W” pattern and I knew that, even though we didn’t hit the final target, I probably should take at least 50% off the table.
But I chose to exit my full position here instead. What I’ve already mentioned was a big incentive for this choice but it also does appear that the crypto market is starting to roll over for a few days/weeks. I’d rather start to look for good entry/re-entry points when the time is right. Made 26% on this trade and I am happy with that.
I also fully exited APT for similar reasons: my signal flashed RED in a liquidity block and I think APT could retreat back down to a price of $11.50. I may catch it there again. Made +10% on this trade.
It’s also worth noting that I was stopped out of our FET trade at our TP. Made 33% on that trade.
22 wins in a row on our crypto trade tracker! Congrats if you have been following me in these trades for the last two months. We’re killing it!
If you are not a member, a reminder: our BF/CM special is still active:
View the remainder of my open trades below:
Keep reading with a 7-day free trial
Subscribe to Stewdamus' Chart Analysis to keep reading this post and get 7 days of free access to the full post archives.