Around 16x with just buying the dip 2 times?
Heres how it happens: First you have the trend following triangle formation, when the breakout is confirmed, you have to wait till the pullback occurs.
Heres what you do: You have two EMA, the EMA 50 which help you to buy the dip and the EMA 100 beneath you will set your Stop Los.
If price comes back to the previous high and in the region of the EMA50 you buy the dip and place the Stop Los under the EMA 100.
Then you wait till a new high was made and price pull back again to the previous high, tail your Stop Los from the first position closely under the rising EMA 100.
Buy now every new accuring dip, due to your tailing Stop from the first positions your risk will still be the same and not increase.
This is pyramiding your profits and can lead to huge gains in capital if you stay disciplined.
From this pyramiding phase you could have made 1650$ from a 100$ risk investment if you cash out now ( current price ~1170$)
Heres how it happens: First you have the trend following triangle formation, when the breakout is confirmed, you have to wait till the pullback occurs.
Heres what you do: You have two EMA, the EMA 50 which help you to buy the dip and the EMA 100 beneath you will set your Stop Los.
If price comes back to the previous high and in the region of the EMA50 you buy the dip and place the Stop Los under the EMA 100.
Then you wait till a new high was made and price pull back again to the previous high, tail your Stop Los from the first position closely under the rising EMA 100.
Buy now every new accuring dip, due to your tailing Stop from the first positions your risk will still be the same and not increase.
This is pyramiding your profits and can lead to huge gains in capital if you stay disciplined.
From this pyramiding phase you could have made 1650$ from a 100$ risk investment if you cash out now ( current price ~1170$)