Long

ETP. Trade 40%;

By P_S_trade
Updated
After the previous high of 1,725 ETP is in correction now. Buyers have shown that they are keeping the price, so I see a trade:
enter -1.484$
Target 1: 1.725; Target 2: 1.88; Target 3: 2.1 $. For each of these targets, I will sell part of the position.
Stop - 1.381$
If the trade is unsuccessful - ETP will go down the blue channel to the price range 1.2-1.3 $.
Comment
snapshot
Brake a black trend line. The price moves around the dotted line of support, which is the middle of the growth channel. Sellers are enough active and hold the price. I`m waiting for the closure of a 4-hour candle. I mooved the stop to 1.46.
Trade closed: stop reached
Comment
snapshot
Beyond Technical AnalysisChart PatternsETPETPUSDTrend Analysis
P_S_trade
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