[H4 Signal] ETHUSDT - Consolidation Technical Reversal

Timeframe: H4
Direction: Long

Technical Confluences for Trade:
- Price action at Multi-Year Horizontal Support Trendline
- Stochastic Oversold momentum
- Widening of the EMAs
- Fib Channel shows Price action at 0.786 Channel level

Suggested Trade:
Entry @ Area of Interest 1400 - 1500
SL: 1371
TP1: 1680 (move SL to Entry level once TP1 is achieved)
TP2: 2000
RR: Approx. 5.69 (Depending on Entry Level)

May the pips move in our favor! Good luck! :D

*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.

Dagangan aktif

Dagangan ditutup: hentian tercapai

Market is still very volatile. Be careful.

weekendanalyst

Disclaimer: The personal opinion above does not constitute as an investment advice. Any trade decisions taken based on the above opinion is purely at your own risks. DYOR.

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Penerbitan berkaitan

[Potential] ETHUSDT: Bleeding Still

oleh weekendanalyst

Penafian

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weekendanalyst

Disclaimer: The personal opinion above does not constitute as an investment advice. Any trade decisions taken based on the above opinion is purely at your own risks. DYOR.