Expecting Ether to break out this week

By foolsbookie
Updated
I expect ETH to break out of the wedge in this week - weekend included. My setup would only be at the breakout of this triangle, and my stop-loss would be the 128 either way. My R:R would be 2.57 on the along and 2.28 on the short

Short:
Entry: 117
Target: 95-103
Stop-loss: 128

Long:
Entry: 142
Target: 166
Stop-loss: 128

Please take this trade only after the breakout from the triangle, and its retest

It is not financial advise, and for god's sake manage your risk properly
Trade active
Sorry for the delayed update, but this trade became active. Stop-loss is now at break even. Matter of time before 166 is hit this week. Be patient
Trade active
50% of position closed at 164.
50% active with stop-loss at 160.
Expecting this to run to 173
Trade closed: target reached
50% left with stop loss moved to 166.
Trade stat in terms of R:R - 2.48
Happiness: Infinity
Ethereum (Cryptocurrency)Support and ResistanceTriangle
foolsbookie

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