Long
XMRUSD been calling this since ever!
That was one the "Crypto of the week" as I accompanied the turn.
Been calling present situation since last month, with direction and levels.
Anyone in?
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 06/05/2018-12/05/2018, I propose ETHUSD
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
Been calling present situation since last month, with direction and levels.
Anyone in?
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 06/05/2018-12/05/2018, I propose ETHUSD
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
Note
After being stopped out in NEOUSD, hope monero will behave.198.20 should be in play here in lower time frame but we are definitely in the zone where cycle is mature and price should turn soon.
I have reduced my position on the new low to have my stop below 147.00 and will add more back when turn is done. Risk has not changed but R:R has been reduced indeed
Trade active
I'm happy I did reassess the count and adjusted my position size from 224ish to allow more room. I'll probably add more and reset the stop higher to maintain the same risk and going back to previous R:R ratio.Note
Still not done to the downside but in the buying zone...Still no RSI divergence so still corrective structure
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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.
Related publications
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.