1. ETHUSDT has given a breakout after a consolidation on a one hour time frame
2. the consolidation is also forming an inverted head and shoulder pattern
3. the breakout candle is forming a flag and poll pattern.
considering all the above inference, a long trade can be initiated at the current levels for targets of 1349, 1371 and 1400 with a stop loss of 1290 which would provide an overall R:R ratio of 1:2
This is for educational purposes only
#cryptolifestyle #cryptotrading #cryptos #cryptoworld #cryptocurrency #eth #ethereum
2. the consolidation is also forming an inverted head and shoulder pattern
3. the breakout candle is forming a flag and poll pattern.
considering all the above inference, a long trade can be initiated at the current levels for targets of 1349, 1371 and 1400 with a stop loss of 1290 which would provide an overall R:R ratio of 1:2
This is for educational purposes only
#cryptolifestyle #cryptotrading #cryptos #cryptoworld #cryptocurrency #eth #ethereum
Dagangan aktif
Target 1 hit, however if Stop loss was trailed to entry price, SL would have hit.if we haven't trailed SL, then the trade is still active from a swing trade prospective as initial stop loss is still active
Dagangan ditutup: hentian tercapai
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.
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.