I am just showing you my idea about ETH/USD. Great chances for a continuation pattern if we breakout from this flag/triangle. Also we have 3 acumulation points in case of the price goes a little bit lower.
Trade active
If we hit 169 I'll move my SL to 157.Trade active
169 hitted. SL moved to 157 already.Note
Move Stop-Loss to entry point. This way we are 100% sure we won't lose anything on this trade.Note
Also you can take the profit here because it can start a reversal from this point (around 170)Trade closed: target reached
Easy profit!Trade closed: target reached
All targets reached!
The above references an opinion and is for information purposes only. It is not intended to be investment advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The above references an opinion and is for information purposes only. It is not intended to be investment advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.