Hello traders, today we have a
ETHUSD Long.
This long is based off the fact that the 0.618 Fibonacci retracement level has been hit and we have identified some resistance and can see some upwards momentom.
This trade has RISK:REWARD ratio of 1:9 which is high and giving us a better reward for the risk.
Be sure to follow , like and comment for more charts like this!
This long is based off the fact that the 0.618 Fibonacci retracement level has been hit and we have identified some resistance and can see some upwards momentom.
This trade has RISK:REWARD ratio of 1:9 which is high and giving us a better reward for the risk.
Be sure to follow , like and comment for more charts like this!
Trade closed: stop reached
Stop loss hitRelated publications
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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.
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.