ETH – High confluence Pull back Trade.
TLDR:
• This Idea is for those that want to increase position size or to enter long.
• Currently it is not sure we will get a retrace. This Idea is to prepare myself (and you, if you’re interested) in case we get a pull back.
• This Trade is based on Fib levels, EMAs and Fixed Range Volume.
• The 0.382 fib has the most confluence and offers better R: R.
• Please read my previous Ideas (linked) because they provide context.
Pullback Targets:
• 0.236: I couldn’t find additional confluence. If you decide to take a long based on this level put a wide SL (this is just my opinion).
• 0.382: Confluence with the FRV PoC and the 50D EMA. Strong confluence and a healthy pullback that will not kill the bullish momentum.
• Below these levels, I will have to reevaluate.
Trade Idea No. 1:
• Entry: 1855 (0.236 fib)
• SL: 1780 (below the 0.382 fib)
• Target: 2700
• TP: 2000, 2150,2700.
Trade Idea No. 2:
• Entry: 1808
• SL: 1760
• Target: 2700
• TP: 1930, 2150, 2700
NFA.
What do you think? Please share in the comments.
Best wishes to all.
• This Idea is for those that want to increase position size or to enter long.
• Currently it is not sure we will get a retrace. This Idea is to prepare myself (and you, if you’re interested) in case we get a pull back.
• This Trade is based on Fib levels, EMAs and Fixed Range Volume.
• The 0.382 fib has the most confluence and offers better R: R.
• Please read my previous Ideas (linked) because they provide context.
Pullback Targets:
• 0.236: I couldn’t find additional confluence. If you decide to take a long based on this level put a wide SL (this is just my opinion).
• 0.382: Confluence with the FRV PoC and the 50D EMA. Strong confluence and a healthy pullback that will not kill the bullish momentum.
• Below these levels, I will have to reevaluate.
Trade Idea No. 1:
• Entry: 1855 (0.236 fib)
• SL: 1780 (below the 0.382 fib)
• Target: 2700
• TP: 2000, 2150,2700.
Trade Idea No. 2:
• Entry: 1808
• SL: 1760
• Target: 2700
• TP: 1930, 2150, 2700
NFA.
What do you think? Please share in the comments.
Best wishes to all.
Dagangan aktif
Trade no. 2 is active. Good luck everyone
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.