$ETH/USDT 30m (Binance Futures) Symmetrical triangle breakdown
Ethereum small scalp to hedge longs as well.
Current Price= 1014.14
Sell Entry= 1002.48 - 1025.73
Take Profit= 962.80 | 917.20 | 862.44
Stop Loss= 1062.80
Risk/Reward= 1:1 | 1:1.91 | 1:3.01
Expected Profit= +9.88% | +18.88% | +29.70%
Possible Loss= -9.88%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 120h
Current Price= 1014.14
Sell Entry= 1002.48 - 1025.73
Take Profit= 962.80 | 917.20 | 862.44
Stop Loss= 1062.80
Risk/Reward= 1:1 | 1:1.91 | 1:3.01
Expected Profit= +9.88% | +18.88% | +29.70%
Possible Loss= -9.88%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 120h
Trade closed: stop reached
SL hit with -9.88% (2x)Ethereum did a fake-out to the downside after all, hedge failed but at least good for the long trades.
Time to look up again now it seems!
Note
💡EETH/USDT 1h (Binance Futures) Symmetrical triangle breakout [LONG]Ethereum continuation idea MANUAL TRADE ONLY
Margin Leverage= 3x
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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.