ETH iS SHOWING SOME STRENGTH

ETH CROSSED MY GOLDEN LiNE MEETiNG MY PREFERENCES TO PLAY FOR THE BULLS. I THiNK WE ARE GOiNG TO TOUCH 380-390 LEVEL. HERE iS MY TRADE:

TRADE::ETH_1
STATUS:: OPENED

TYPE:: LONG
SIGNAL:: MFI + OBV
FILTER:: PRICE ACTiON

VOLUME:: $3000
ENTRY:: 365
TP:: 5-10%
SL:: 0,3%, | ALREADY MOVED TO BREAKEVEN

PROS::

1. PHOENIX iS BULLiSH
2. OBV BOUNCED FROM SUPPORT, HEADS UP
3. MFI > 50, BOUNCED FROM 50
4. PRiCE BOUNCED FROM RESiSTANCE LiNE AS IT'S SUPPORT NOW
5.BULLiSH MOMENTUM 1H,4H

CONS::
1.UPSIDE iS LIMITED
2.BTC DIDN'T FILL THE GAP, MiGHT BE A BULL TRAP

OVERALL::

I WAS READY TO TRADE BULLiSH SiDE ON THiS MARKET, BUT I THiNK I'VE ENTERED A TRADE TOO LATE TO MEET MY TiGHT SL PREFERENCES WHiCH I LiKE SO MUCH. SO THERE ARE BiG CHANCES I'LL BE STOPPED OUT BREAK EVEN

Kommentera:

-DID i LOOSE A PENNY?
-NO
-BECAUSE I LOVE TO PUT THE RiSK OF THE TABLE
-I WAS STOPPED OUT BREAKEVEN AS I PLANNED
-I WILL CONTINUE TO LOOK FOR A BETTER ENTRY

Kommentera:

Kommentera:

WE HAVE 2 SUPPORT ZONES BELOW US, I'LL LOOK FOR A REVERSAL SiGNS THERE