ETH [SHORT TERM TRADE]
Updated
ETH has given a long rally since a week, now it's time for a pullback and then again a rally.
So at daily timeframe it is showing support at 200 EMA and golden zone is at 1449.
- If price closed below 1500 at 1 hour time fame then take a short entry till 1500.
- If price closed above the 1553 at one hour time frame then take a long entry till, easily you can take it till 1580 and second target is 1619.
Note - You can still go long from 1500 and go on till same levels. Manage you risk and follow 1:2 Risk reward ratio.
So at daily timeframe it is showing support at 200 EMA and golden zone is at 1449.
- If price closed below 1500 at 1 hour time fame then take a short entry till 1500.
- If price closed above the 1553 at one hour time frame then take a long entry till, easily you can take it till 1580 and second target is 1619.
Note - You can still go long from 1500 and go on till same levels. Manage you risk and follow 1:2 Risk reward ratio.
Trade closed: target reached
Target achieved for short sideTrade closed: target reached
What a trade guys. Achieved target of both sides
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