Long

#Ethereum BULLS - It's done with the drop Part 2

Updated

I got stopped out of the first idea. The second one seems to be holding after I just didn't set a stop loss and let the momentum change, I could've waited anb had a better entry. But for now. It seems the momentum has shifted. I waited forever to post this as i was waiting to see if it was going to make another hug drop. And I look at the MACD and the moment was so far beyond on the down side i knew something had to give. And it is. I'm finally in the positive.

here's the chart that had me nervous after I had already been stopped out

Now I'm in the blue. I'm sure it's going to be a struggle, but I think we'll pull through.

Note

took profit at 65 pips

Note

Added a new position at 361.55 (damn these spreads)

Note

I really hope that those of you that followed this idea took note pof my resistance lines in the original Idea. As you can see the highest "New Resistance" line became the lage pull back. The lower "New Resistance" line is where the pul back ended. This is playig out perfectly as I expected.

Note

Whoops, I actually forgot I moved the lower resistance line as I was studying the rise. I moved it there because thats's where I thought we weould see the original resistance. But the pink resistance line that was just above the lower new resistance line (new posted above) was originally there and could've been used as a another position point as well. I've taken many positions on this buy. So many it that you wouln't be able to see the chart. I just took my most recent oe at 374.21. Which is what reminded me that I should update this Idea. Thanks for listening to my rambles.

BodiesXWix

You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.

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#Ethereum BULLS - It's done with the drop

by BodiesXWix

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