Long

ETHOS - Buy Opportunity - 60% ROI - 9:1 Risk/Reward

By hedgewithcrypto

Updated

Reason to BUY using a STOP-LIMIT order on a confirmed breakout of consolidation zone:

Valid break-out pattern with a clear consolidation zone
Consolidation occurring at the upper trend line of the larger break out pattern
Smaller time frame break outs have reached target = trend continuation
High return on investment (60%) with 9:1 risk/reward

Enjoy.

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.

Note

Trade active , place stops below consolidation zone

Note

The more conservative traders could move stops to break even for a risk free trade

Note

Trade setup failed. Good trade just didnt work out. Look for next 1

hedgewithcrypto

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