Hey everyone, hope you are doing well.
Welcome to "Aglogains - Daily trade series"
Today we are looking at a buy signal for ETHUSDT at 3436 ;
On the 15 Min time frame ETH has seen a lot of demand at the this price range of 3408 - 3448 and has made an impulsive move upwards. I was waiting for ETH to pullback to major demand zone and then look for entry signals on the lower time frames. i.e, 5 Min time frame.
We saw a bullish engulfing and a double bottom being formed at 3436 price and this was our entry price.
Entry - 3436
Stop loss - 3375.00
Take Profit - 3546
Will keep you updated on the progress.
Let me know your thoughts in the comments below.
Welcome to "Aglogains - Daily trade series"
Today we are looking at a buy signal for ETHUSDT at 3436 ;
On the 15 Min time frame ETH has seen a lot of demand at the this price range of 3408 - 3448 and has made an impulsive move upwards. I was waiting for ETH to pullback to major demand zone and then look for entry signals on the lower time frames. i.e, 5 Min time frame.
We saw a bullish engulfing and a double bottom being formed at 3436 price and this was our entry price.
Entry - 3436
Stop loss - 3375.00
Take Profit - 3546
Will keep you updated on the progress.
Let me know your thoughts in the comments below.
Trade closed: stop reached
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.
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.