ETH is looking to have clean EW so I gave it a shot.
Trade closed: stop reached
Note
A massive engolfing on BTCUSD reflected here and we got a stop loss. Looking at BTCUSD now it can provide a little rebound which reflected on ETHUSD can be as much as 17% and this is a good profit to risk for with a tight trailing stop. It starts after crossing the MA and stay stable above it for a few candles at least:
Related publications
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.
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.