ETH is lacking a little bit, but move to upside will have to come eventually. I'll try to catch breakout with a small stop loss, if it won't go according to plans. Trade setup:
- entry at 261.00 (breakout)
- stop loss at 249.00 (just bellow 0.382 Fib level)
- target 1 at 293.00 (just bellow long time "breaking line" - see bigger picture bellow)
- final target 316.00 (bellow 2.618 Fib extension, also "level of decision" from August 7th to 10th)
Bigger picture:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
- entry at 261.00 (breakout)
- stop loss at 249.00 (just bellow 0.382 Fib level)
- target 1 at 293.00 (just bellow long time "breaking line" - see bigger picture bellow)
- final target 316.00 (bellow 2.618 Fib extension, also "level of decision" from August 7th to 10th)
Bigger picture:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Note
If this level will hold, I'll leave trade as it is. Let's see ...Order cancelled
Went too low, cancelling the trade.
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.
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.