huey's BTC/USDT Trade $-368.08

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Trade Details
Published: Dec 26, 2021
Status: Closed
Broker: Binance US
Asset: Crypto
Symbol: BTC/USDT
Type: Long
Performance Metrics
Entry CPU Exit CPU Fees Max Amount Max Cost P&L % P&L $
49,719.78 0.00 $0.15 0.0074 $367.93 0.00% $-368.08
Transactions
2 entries
Date Side Amount Price Commission Reg Fee
Dec 26, 2021 02:34:07 Entry 0.0037 $49,960.12 $0.08 $0.00
Dec 26, 2021 14:47:35 Entry 0.0037 $49,479.44 $0.08 $0.00
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Notes

my 5, 8 and 15 day MA's just made a gold cross on the btc chart, we have already broken out of the established down trend and the 3 bearish days past dont even surmount to half of the bullish precursor 

my RR is very good at 4.12 and from now on ill only be taking 2% trades with the goal of focusing on steady portfolio growth.

my stoploss is at a key support level , which is confluennt with the spot 38 fib

my take profit is just under the next fib level and also just bareley under the last big bullish candle

got stopped out too early the price bounced exaclty off my stop loss smh

next time if im shooting to stop out at or take profit from a fib level im goning to leave myself some room for the price to dance around the line and put my stops where invalidation of the level is and my take profits where the lowest place the price could reach for me to still comsider it a hit

the long position on the chart is the trade i should have taken




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