ETH TA - 1h Bearish scenario
Zaktualizowano
I opened a short in the morning around at the 0.618 fib level. Let's see what will happen 🚀. Just remember: Stick to your plan and have a good risk management 👍
And that's the main reasons I decided to take a long on ETH :
► Confirmation of pullback of the ressistance (grey box and orange line)
► Retrace of the 0.618-0.65 fib level
► Tripple Top
► High risk reward ratio
Trading setup:
Entry: $1925
SL: Moved to bear breakeven
TP1: $1736 (60%)
TP2: Let it run till $1280 or SL hit after moving it down
⚡Just to notice. We are right now in a very volatile market phase in the crypto. Crazy and unpredictable things could happen. That's why you should use a stopp loss. ⚡
Disclaimer: DYOR. No financial advice. Just for your impression.
And that's the main reasons I decided to take a long on ETH :
► Confirmation of pullback of the ressistance (grey box and orange line)
► Retrace of the 0.618-0.65 fib level
► Tripple Top
► High risk reward ratio
Trading setup:
Entry: $1925
SL: Moved to bear breakeven
TP1: $1736 (60%)
TP2: Let it run till $1280 or SL hit after moving it down
⚡Just to notice. We are right now in a very volatile market phase in the crypto. Crazy and unpredictable things could happen. That's why you should use a stopp loss. ⚡
Disclaimer: DYOR. No financial advice. Just for your impression.
Uwaga
Follow me for some live trades on Youtube: youtube.com/channel/UC3_HLoNII8g5IgL98nO9iMQNo Financial advice. DYOR.
Uwaga
There is a wrong word in the Test. just noticed. I opend a short of corse not a long "And that's the main reasons I decided to take a long on ETH" It should be short instead long. That what happens if you just copy and paste 😂
Uwaga
*TextUwaga
Looking like we are going deeper. Still holding this position. --> We retested the gray zone break down. good sign for bears.
Zlecenie zamknięto ręcznie
Closed this trade just right now and re-entered with a lower Sl. Just to take some proifts from the table.
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