ETH SCALP SHORT

The CHAMELEON indicator painted a MAROON CANDLE.
MAROON CANDLE predicts a price dip which is useful for a SHORT. Since this is on the 15m timeframe
The OPEN of the MAROON would be a good place to consider adding to such a position.
STOP LOSS at the HIGH of the MAROON.
INITIAL TARGET shown by the ORANGE PIVOT range.

Trade stängt manuellt:

CLOSED at 1R Profit.

Trade stängt manuellt:

The CHAMELEON is still highlighting the chart with a green background despite the downward price action which was captured by the MAROON candle. Hence at the first sign of tension with an old resistance level, shown on the chart above by the ORANGE symbols. Hence we close this scalp trade in profit of +1.3R (less fees, call it 1R).

Handel aktiv:

SHORT order to catch the retest of the ORANGE PIVOT RANGE, at the midpoint of the body of the MAROON CANDLE as per the CHAMELEON documentation.
STOP above the LOCAL HIGH at 3684. Target 3584.

Trade stängt: målet nått:

Another +1.2R