Trade Overview: ETHUSD – Long Position
Entry Price: 1778.55
Take Profit (TP1): 1808.63 (+1.68%)
Stop Loss: 1774.44 (–0.23%)
Risk-Reward Ratio (RR): 7.52
🕖 Entry Time: 7:45 AM (New York Time)
📅 Date: Saturday, 26th April 2025
🌍 Session: NY AM
🧭 Entry Timeframe: 1-Hour TF (focused on FVG)
Reasoning Narrative
ETHUSD showed clear bullish intent on the 1-hour timeframe, with price forming a series of higher highs and lows. Leading into the entry, the market had recently filled a fair value gap (FVG) left behind from the prior bullish expansion, signalling a potential continuation setup.
5min TF Overview
Trade active
Stop level moved (1.02%)
Trade closed: target reached
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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.