EthereumLong
Deep crab reversal into a bullish bat
From what I can see on the chart short we can see a deep crab pattern which has caused price to reverse from bearish to bullish.
Price has come back to retest the 161.8% entry for the deep crab and also has formed a much smaller bullish bat pattern.
Using the bat I can look to enter a much larger position due to the small stop loss required at 100% of XA.
Taking profit on the bat where the 2R for the larger deep crab pattern would be is around 13R.
Price has come back to retest the 161.8% entry for the deep crab and also has formed a much smaller bullish bat pattern.
Using the bat I can look to enter a much larger position due to the small stop loss required at 100% of XA.
Taking profit on the bat where the 2R for the larger deep crab pattern would be is around 13R.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.