39) ETH/USD SHORT Turtle S1 Breakout trigger (22-Jan-18)
Updated
ETH dropped below the 20 day low as shown on the chart (pink box). Position 1 has triggered at the levels shown with a 1N position size. P2-P4 will trigger if price drops to the levels shown.
Stop Loss is set at 2N above P1 at the level shown. Exit level (yellow box) is below the SL so is active.
I will post updates below, so please smash the like and follow buttons!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
Note: I am personally not trading this idea as I have 7N units short on other pairs and the technicals are not strong enough to warrant me placing up to 12N currently.
"Luck is what happens when preparation meets opportunity"
Stop Loss is set at 2N above P1 at the level shown. Exit level (yellow box) is below the SL so is active.
I will post updates below, so please smash the like and follow buttons!!
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
Note: I am personally not trading this idea as I have 7N units short on other pairs and the technicals are not strong enough to warrant me placing up to 12N currently.
"Luck is what happens when preparation meets opportunity"
Comment
Price has fallen below P2. Target still $80.84 as shown in with black horizontal line.Comment
Exit moved down to 120.1 so is now in play.Comment
Exit moved down to 113.32:Trade closed: stop reached
Stop reached at 111.62%.Loss on trade of <1% of equity (3.28% on position).
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