ETH should gain some energy to retest 440. So I see it as a scalping opportunity (short)
I will:
Scalp ( ETH, short)
Enter 434.6- 435
Exit1: 432
Exit2: 430.05
Exit3: 428
General rules in my trades (scalping/ intraday trading):
-Exit1 and Exit2 is the exits I use generally, Exit3 is just for risk lovers.
-If not otherwise specified, I would recommend a stoploss at the price of around 2% change at the unwanted direction. Although, I must say that the stoplosses are very individual and you need to decide it for yourself depending on how much you cope with "pain and pleasure" in trading.
- I would not recommend a high leverage trading.
- SCALPING IS A HIGHLY VOLATILE/DYNAMIC GAME, because of that please follow my updates, that I try to publish when necessary.
I will:
Scalp ( ETH, short)
Enter 434.6- 435
Exit1: 432
Exit2: 430.05
Exit3: 428
General rules in my trades (scalping/ intraday trading):
-Exit1 and Exit2 is the exits I use generally, Exit3 is just for risk lovers.
-If not otherwise specified, I would recommend a stoploss at the price of around 2% change at the unwanted direction. Although, I must say that the stoplosses are very individual and you need to decide it for yourself depending on how much you cope with "pain and pleasure" in trading.
- I would not recommend a high leverage trading.
- SCALPING IS A HIGHLY VOLATILE/DYNAMIC GAME, because of that please follow my updates, that I try to publish when necessary.
Note
1st target has been reachedTrade closed manually
Reaching 1st target is enough for me in this trade, i will exit the trade and follow it externally, as ETH is doing some crazy things in the last couple of days...
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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.