Long
Ending Diagonal on Etherium - Long
Well, since my last trade in wich I closed it manually.. I must say that it went quite well because I have closed in a nice profit! (used 10x leverage).
So, I decided to continue with my "pattern project", and started a long position. Let's see if this pattern continues to play out.
Pros.
I think we are going to try to test the ema ribbon, at this moment we are a little bit far away from it.
And I quite feel that the market sentiment at this point is in complete disbelief.
Rsi + Stoch Rsi are both align on the lower part.
Cons.
The are 2 red lines I have placed.
A double top and a head and shoulders.
Both lines are the neck lines of this patterns we broke out.
Probably we will try to test those lines. So, I would check the price action really close and set some alarms during this period...
So, I decided to continue with my "pattern project", and started a long position. Let's see if this pattern continues to play out.
Pros.
I think we are going to try to test the ema ribbon, at this moment we are a little bit far away from it.
And I quite feel that the market sentiment at this point is in complete disbelief.
Rsi + Stoch Rsi are both align on the lower part.
Cons.
The are 2 red lines I have placed.
A double top and a head and shoulders.
Both lines are the neck lines of this patterns we broke out.
Probably we will try to test those lines. So, I would check the price action really close and set some alarms during this period...
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.