Based on the chart we provided (ETH/USD 1H from TradingView), here’s a technical analysis for potential Take Profit (TP) and Stop Loss (SL) levels:
🟢 Buy Setup Analysis (From the yellow demand/support zone)
Entry Zone:
Around $2,556 – $2,563 (current price zone and consolidation before projected breakout)
Stop Loss (SL):
Just below the yellow support zone:
🔻 $2,320 – $2,350
(Safe buffer under the strong support area marked by blue arrows)
Take Profit Levels (TP):
1. 🥇 TP1: $2,600 – $2,610
Just below the resistance level formed previously (also at the consolidation zone)
2. 🥈 TP2: $2,735 – $2,745
Matches previous significant rejection point (marked by red arrows)
3. 🥉 TP3 (Max Target): $2,754 – $2,760
Major resistance area, strong supply zone
🔴 Risk Management Summary:
Parameter Value
Entry $2,556 – $2,563
SL $2,320 – $2,350
TP1 $2,600
TP2 $2,735
TP3 $2,754
🛡 Risk/Reward Ratio: At least 1:2 or better if targeting TP2 or TP3.
🟢 Buy Setup Analysis (From the yellow demand/support zone)
Entry Zone:
Around $2,556 – $2,563 (current price zone and consolidation before projected breakout)
Stop Loss (SL):
Just below the yellow support zone:
🔻 $2,320 – $2,350
(Safe buffer under the strong support area marked by blue arrows)
Take Profit Levels (TP):
1. 🥇 TP1: $2,600 – $2,610
Just below the resistance level formed previously (also at the consolidation zone)
2. 🥈 TP2: $2,735 – $2,745
Matches previous significant rejection point (marked by red arrows)
3. 🥉 TP3 (Max Target): $2,754 – $2,760
Major resistance area, strong supply zone
🔴 Risk Management Summary:
Parameter Value
Entry $2,556 – $2,563
SL $2,320 – $2,350
TP1 $2,600
TP2 $2,735
TP3 $2,754
🛡 Risk/Reward Ratio: At least 1:2 or better if targeting TP2 or TP3.
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TP 1 Clear 2610 📲 Join telegram channel free ..
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/docter_Pips_official05
Gold Signal's with proper TP & SL for high profit.
t.me/docter_Pips_official05
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/docter_Pips_official05
Gold Signal's with proper TP & SL for high profit.
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.
📲 Join telegram channel free ..
t.me/docter_Pips_official05
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/docter_Pips_official05
Gold Signal's with proper TP & SL for high profit.
t.me/docter_Pips_official05
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/docter_Pips_official05
Gold Signal's with proper TP & SL for high profit.
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.