CRYPTO: ETH swing trade 4H
Updated
Setup:
Flow is up
Major and Minor swings
Swing expansion
Pivot component takes out controlling sellers
Entry:
Re-test 50% of the gap
Stop:
Under 3 bars hard
Target:
3:1 RR higher high
Flow is up
Major and Minor swings
Swing expansion
Pivot component takes out controlling sellers
Entry:
Re-test 50% of the gap
Stop:
Under 3 bars hard
Target:
3:1 RR higher high
Comment
Order filledComment
Close shave, but still in the trade.Lesson:
The importance of using structure to hide stops
Trade closed: stop reached
Moved to break evenDisclaimer
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