Long
ETH Retracement trade

ETH created a HL, HH after a long term downtrend
Broked strong resistance to do so.
Support now lines up with 50 fib and trendline,
Ideal long entry
Broked strong resistance to do so.
Support now lines up with 50 fib and trendline,
Ideal long entry
Trade active
TP1 hit50% off the table, stop moved to profit
Trade active
Price very close to TP2. SL placed below recent 1H bullish engulfing to lock in max profits if it doesn't quite reach TP.
Trade closed: target reached
TP 2 Hit. Ripper tradeDisclaimer
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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.