i took the trade after having taken a look at manc (https://github.com/sbOogway/manc) and assesed that cryptos had a bullish bias.
the pattern on the 1 hour chart resembled a classic wyckoff setup for reaccumulation. the trade was opened at 10 am UTC. the previous day i also took a long trade that profited small.
i was confident about the read and risked the standard size. this evening i was considering if i should have risked more. probably it s greed talking but the setup was too clean.
i did not put any take profit yet because looking at the chart the next previous zone of interest was really up in relation to my opening.
i kept monitoring the position during the day. i moved higher my stop loss arbitrarly throughout the day, 2 or 3 times.
i observed new york open but did not see any significant movement in it. i closed 20% of my position at 15:55 UTC. now i am curious to wait 00:00 UTC and see if thw momentum will keep pushing and to eventually set a take profit and probably moving up my stop loss. i ll probably update the post after that.
i chose ethereum instead of bitcoin because the wyckoff schematic looked way cleaner. also when i opened, btc already broke the structure and ethereum didn t do it yet.
i did not feel any particular strong emotion. throughout the day i felt the impulse sometimes to check whether i was in profit or not.
i think that the batman effect is real and i love using it. since i learnt it and applied i think it had a positive impact. now i am curious to see if it will work as well when i will be in a loss.