ETH/USD SHORT
Mis à jour
Hi again, everyone!
After our previous LONG post we are now looking for SHORTs.
Ethereum broke out above previous highs, however this looks more like a manipulation by whales to liquidate early shorters.
An entry at 1730 with tight stops at $1745 ( 2% risk) and targeting first 7:1 RR at $1610 with a potential for 15:1 RR at $1510. With such high risk trade, tight stop loss is a must.
Overall we have made a BOS on a 3 min TF and candle shave exhausted by the end of London session. Potentially stronger PA will come at Asian session after 8PM EST.
We are first targeting today's daily supply and then supply from July 26.
Good trading everyone and thanks for your time. More to come soon!
Cheers,
DB
After our previous LONG post we are now looking for SHORTs.
Ethereum broke out above previous highs, however this looks more like a manipulation by whales to liquidate early shorters.
An entry at 1730 with tight stops at $1745 ( 2% risk) and targeting first 7:1 RR at $1610 with a potential for 15:1 RR at $1510. With such high risk trade, tight stop loss is a must.
Overall we have made a BOS on a 3 min TF and candle shave exhausted by the end of London session. Potentially stronger PA will come at Asian session after 8PM EST.
We are first targeting today's daily supply and then supply from July 26.
Good trading everyone and thanks for your time. More to come soon!
Cheers,
DB
Trade fermée manuellement
Idea invalidated. Strong reaction from 1720. Trade closed.Clause de non-responsabilité
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