ETH still long favoured on Sunday trading

I have revised the descending channel boarder and ETH is still moving inside of it under DO and MO and just over the neckline of the box, volume is very thin, but that may change any moment; I still favour a long position on Sunday trading on a break up of DO or break and rebound at DO or down at 1285-1290 area ; if the price will decrease under 1300 and a compression occour near the boarder a wedge could form that is on the majority of the case a bullish formation that is the reason of a buy spot around 1285-1290 ; RSI on 15 M is oversold, 30M is overbought, 1H is overbought and 4H is oversold, how to read it ? not very easy, but for me a push up over resistance could occour not now how strong but it is possible, unless a large pullback down could occour as well, I still stay on the buy side at the moment as i think intraday is favouring it ; if i get the price on my buy spot and RSI looks fine i will open a position if not i will just wait next opportunity

I TRADE HIGH LEVERAGE 5 TO 50 X NOT 1 : 1 // POSITION 25%-100% // MULTIPLE IN AND OUT

IF I OPEN THE TRADE I WILL ADD A COMMENT TO THE IDEA // DAY AND INTRADAY TRADING ONLY

29 TRADE PROFIT IN THE ROW
LAST TRADE BE 22ND OF SEPTEMBER
LAST TRADE LOST 7TH OF SEPTEMBER
86% WIN IN SEPTEMBER
37 WIN, 3 BE, 3 LOST
CHECK ON MY TRADINGVIEW ACCOUNT

MY TRADING TIME 8 00 AM TO 9 00 PM (GMT+1)

Note

small long 25% open

Note

At the moment the trade looks fine over DO and channel boarder line

Trade closed manually

Trade close 1317-1322 for a 5 US Dollar profit will wait for a rebound at DO this is my 30th trade in profit in the row

Note

trade closed too early as resistance really stat at 1328, but i made some money ; i usually closed too early my trade as i like to take profit, but if you are not high leverage you may wait for the next resistance rejection to increase your profit or move your SL to break eaven and wait for the price to top or RSI to reverse and than closed it

giorgiovie

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giorgiovie