Long

$ETH Simple Re-entry

Updated

Longing the retest of the downward channel. looking to retest the weekly resistance.
*This is a hobby account

Trade active

Caught an insane movement off a market buy on today. Using a simple fib on the SH/SL to re-enter (~40% profit). I'll post a Simple once i've found a re-entry (.5/.618 fibs or S/R flip on the $2 area.

As for , we're ranging and killing time. Not sure if I want this to get stopped out, very confident in letting this ride even if that means we bounce of $255. Changing stops however, would invalidate my original trade, not sure how to proceed.

Note

Longs open still, looking for a retest on the red diag before we shoot up to the blue box and subsequently into the big $270 resistances. Intra-day, monitoring closely with actions.

Trade closed: target reached

$275 hit, nut.

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