Long

ETH LONG 1/6/2023

Updated

ETH Currently retesting Parallel Channel. (High of 16 Apr connect with 6/5)

Entry: 1853.5 (Market)
Sl 1.5-2% below Parallel Channel
TP1: 1910 Tp2: 1989

*Direct move SL to Breakeven when Tp1 hit.

Trade active

Now Eth at Small Parallel Channel Resistance. We need Eth break this resistance Fast and strong (within 1-2 days must break). The longer it takes to break, most likely it cant hit our tp price.

Note

SL move to Breakeven. If Eth Next pump up can't break channel resistance, fully tp long order.

Note

1.Long order can secure 50% profit already and open a short order same margin as
long order. Short order CUT LOSS 1% from channel resistance.
2.Reason Open short is 15m chart seems have a Head and Shoulder pattern.
*No fully TP Long order so that if price continue go up, you still have 50% long order on hand. If go down , u have short order on hand and also atleast you secure 50% long at resistance.

Note

Oh ya, if you didn't open hedge mode at your setting. your long order will fully close when you try to hedge. S

C_L_Y

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