I placed an alert on eth at 2510, if it closes above this on the 12 hr you can go long or you can also long if it breaks it and then put your tp to the 2.0 fib. Place your sl accordingly. You can use parabolic sar or any other. As soon as you are in profit move your sl. This way you protect your capital. Worst case you just hit your sl in profit, best you make some money and make the 2.0 fib. Have fun trading. Much love J3D1
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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.