ETHUSDT Long (Swing Trade)
We are on a Range on the 240 we hit the bottom of the Range and panic the sellers to see and I see the 4th touch of the range and on the precision TF we took out last seller so aggressively and we got a clear sign to go long, wider SL is much needed as we have got more spikes as I call it as landmine.
Entry: 424 USDT
TP: 470
Stop loss: 389
Position Size: 1% Risk on your capital/ 35000000
Risk/Reward: 1:2 So, HH RR.
If TP is hit then we will be at 9% profit.
We are on a Range on the 240 we hit the bottom of the Range and panic the sellers to see and I see the 4th touch of the range and on the precision TF we took out last seller so aggressively and we got a clear sign to go long, wider SL is much needed as we have got more spikes as I call it as landmine.
Entry: 424 USDT
TP: 470
Stop loss: 389
Position Size: 1% Risk on your capital/ 35000000
Risk/Reward: 1:2 So, HH RR.
If TP is hit then we will be at 9% profit.
Trade closed: target reached
TP Hit, Still I anticipate a buying momentum, wait for it and then close the trade!Note
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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.