Wiesel90

Inverse SKS

Long
Wiesel90 Updated   
NASDAQ:COIN   Coinbase Global
Coinbase builds maybe a inverse SKS.
The break through the neck line has already taken place.
The fundamental figures and future prospects also look very good to me.
Bitcoin is also doing very well.
Stop Loss below 172$.
Long-term target 370$.
The ratio is over 5.
Trade active:
Here is a good example of why I only set a virtual SL and decide according to the daily closing price.
Normally I would have been kicked out of the market because I place the SL under the left shoulder in an inverse head and shoulders. This is a difficult decision, but I stay in the market for now and decide the next few days.
Trade active:
In the meantime, the price is even back above the right shoulder. The results will be published today after the market closes. This entails a risk. However, I am letting the trade run because the fundamentals are strong.
Comment:
Perhaps Coinbase is building support at around $164.
The overall market is very weak because of the tragic events.
Trade closed manually:
about 23% loss

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