👽✌🏻Trading Strategies in Times of Uncertainty 🎯
🔄 Strategy 1: Range Trading
· Entry Point: $110,500-$111,000 (support zone).
· Direction: Long.
· Stop loss: $109,800.
· Take profit: $112,500-$113,000.
· Position management: 20-30% of total capital.
🚀 Strategy 2: Breakout Follow-Up
· Breakout Upward: Buy on breakout of $112,600, target $114,000.
· Breakout Downward: Sell on breakout of $110,000, target $108,500.
· Stop loss: 2% retracement from the breakout point.
🔍 Intriguing Fact:
90% of traders who apply strict stop losses manage to maintain their capital in the long term, even in volatile markets like cryptocurrencies.
