ETH long momentum High risk
Updated
Possible Momentum in ETH – 6 Bullish Arguments:
1️⃣ Swing low is holding.
2️⃣ Liquidity sweep below the swing low.
3️⃣ Discount Array Weekly
4️⃣ Bearish FVG disrespected.
5️⃣ Wick from the previous day still respected today.
6️⃣ Bullish FVG 1H respected
Trade Management:
The key focus is on how the weekly candle closes, so my stop-loss is placed tightly below the previous candle’s low. Target profit is set at the intermediate term high (ITH).
Capital Risk: 2%
R/R: 5.74
Trade closed manually
I have to admit that #Ethereum isn't ready for a strong rally just yet. The probabilities are too split, so I'm waiting for more confirmations. However, that's the beauty of proper risk management — I didn’t win, but I didn’t lose either. Staying in control. Breakeven
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