Yesterday's position review, current balance 567u
BTC had an upward trend yesterday, rising from 99149 in the morning to breaking 101000 by 11 PM, then quickly dropping to 99653.
In the early morning, it broke the intraday high, after a pullback, I judged it would oscillate and break higher, entering at 101397, taking profit at 102120, and setting a stop loss at 100762, ultimately exiting at the take profit level.
Review 1: The timing of entry was incorrect; there was no rebound bullish signal on the 15-minute chart, perhaps 3:45 would have been a better entry time.
Review 2: Related to the timing of entry, which led to a poor risk-reward ratio setup; a lower stop loss might have been a better choice, with 100588 as a possible support level instead of 100762, which also made the take profit point more conservative.
Regarding DOGE and ADA
DOGE and ADA follow BTC; at night I saw the upward trend of BTC and opened a small position to chase the rise, then as BTC reached its peak, I gradually took profits, leaving a small position overnight.
