As we have been following the ETH USDT chart from the morning. We have got an excellent BUY side entry @ 2355
The related Idea is linked below.
My trade setup takes advantage of this key resistance turned support level to look for trading opportunities.
On the 1Hr chart, we see a double bottom forming followed by a bullish candle confirming our entry condition.
Entry - 2355
SL - 2286 (69 points)
TP - 2451 (97 points)
Risk to Reward - 1 : 1.4
Will keep you posted on the progress.
The related Idea is linked below.
My trade setup takes advantage of this key resistance turned support level to look for trading opportunities.
On the 1Hr chart, we see a double bottom forming followed by a bullish candle confirming our entry condition.
Entry - 2355
SL - 2286 (69 points)
TP - 2451 (97 points)
Risk to Reward - 1 : 1.4
Will keep you posted on the progress.
Trade closed: target reached
Thanks for all the support guys. Target profit reached. Booked 97 points in profit. Please like and comment, letting me know if you took the trade?
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.
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.