ETHUSD / Short

This is a personal project of mine that will consist of 10 trades in a row, specifically for this instrument, based mainly on 5 and 15min. time frames. There will be no fixed TP or SL, but I will watch for a certain formation of candles + 2 indicators.
When closing the short position, it will be noted in the idea.
The usual duration of 1 trade could be between 1 - 5 days.
2d trade

Note

After closing the previous short position at 3035$ level we have an upside correction of $100. The current level looks suitable for opening a new short position and we will look for a continuation of the downtrend, which is very likely to break the 3k level.

Note

If the price reaches the spot 3023, I will close 1/3 of the position.

Note

next 2/3 of the position will close at 2919.

Note

Unfortunately, due to personal health issues, I briefly lost the rhythm of the instrument these almost 2 days, missing three good trading setups. I hope that once I feel better I will be able to keep a constant eye on the movement of the ether...

Note

Unfortunately, I missed the right moment to close the current position. The candlestick pattern and the 15m pattern. frame showing a preponderance of buyers in the interval (19.00-19.30/ 29.01 - price range 3090-3060), after a few hours at (00.00-00.30 / 30.01), the price retested this zone and continue Up direction...

Note

It's looks like At this point 3264/on 15min., we may find a Short position again, it seems that the uptrend is about to run out. 14.30 UTC / 30.01.

Trade closed manually

Trade closed 11.40 UTC / 01.02 / 3244.0

PpetroeR

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PpetroeR