It looks like Ethereum has turned up finally.
A 12H close below 530 will invalidate this trade.
The initial target is 590, a potential 10% gain.
We will reassess the trade when 590 is reached.
A 12H close below 530 will invalidate this trade.
The initial target is 590, a potential 10% gain.
We will reassess the trade when 590 is reached.
Note
I am changing my method slightly, instead of waiting for a close I will just put a stop loss at recent swing low for this long trade and move my stops up accordingly. That is the method I am comfortable with.
SL at 486.95
Note
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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.