Trading Signal
Short Position (EP) : 737
Stop Loss (SL) : 775
Take Profit (TP) : 610
Description
The current prices of ETH are hitting big resistant of the month time frame. Trade setup with sell stop at Re-visited COP (737) and place stop loss above Resist *F3 of Month (775). Once the position was hit, place take profit above 0.382 level of FR(610)
Money Management
Money in portfolio : $1500
Risk Management (20%) : $300
Position Sizing
1 ETH = $737
Contract size to open = 0.5 ETH
EP to SL = 38 Tick = $19
EP to TP = 127 Tick = $63.5
Expected Result
Loss = -$19
Gain = +$63.5
Risk/Reward Ratio = 3.3
Short Position (EP) : 737
Stop Loss (SL) : 775
Take Profit (TP) : 610
Description
The current prices of ETH are hitting big resistant of the month time frame. Trade setup with sell stop at Re-visited COP (737) and place stop loss above Resist *F3 of Month (775). Once the position was hit, place take profit above 0.382 level of FR(610)
Money Management
Money in portfolio : $1500
Risk Management (20%) : $300
Position Sizing
1 ETH = $737
Contract size to open = 0.5 ETH
EP to SL = 38 Tick = $19
EP to TP = 127 Tick = $63.5
Expected Result
Loss = -$19
Gain = +$63.5
Risk/Reward Ratio = 3.3
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.
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.