ETH USD IdeaGood morning, fellow Crypto Weekend Warriors! As we review last week's technical analysis, it's clear that we've witnessed a successful range breakout and a backtest of the range high. The beauty of Crypto Weekend's 4-hour structure is that it consistently delivers results. Since our last update, we've achieved an impressive 19% return on our investment, and we're now compounding our trades following a successful backtest of the range, adding even more profits to our portfolio. We're looking ahead to the upcoming week, anticipating a potential run through liquidity.
In our strategy, we always book partial profits along the way, and last night was no exception. With a 2% Profit already hit, our position is now break-even, ensuring that our risk is effectively minimized. For those of you considering similar trades, we highly recommend waiting for 1-hour fractal bullbacks before entering the market. Remember, not everything goes according to plan in the crypto world, so we prioritize our safety through sharp risk management. And let's not forget our cardinal rule: patience is our number one indicator. In a market as dynamic as this, it's essential to let the trades come to us, not the other way around. Happy trading, and may the crypto winds be ever in your favor!
