hedgewithcrypto

ETHOS - Buy Opportunity - 60% ROI - 9:1 Risk/Reward

Long
hedgewithcrypto Updated   
BINANCE:BQXBTC   None
Reason to BUY using a STOP-LIMIT order on a confirmed breakout of consolidation zone:

  • Valid break-out pattern with a clear consolidation zone
  • Consolidation occurring at the upper trend line of the larger break out pattern
  • Smaller time frame break outs have reached target = trend continuation
  • High return on investment (60%) with 9:1 risk/reward

Enjoy.

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Comment:
Trade active , place stops below consolidation zone
Comment:
The more conservative traders could move stops to break even for a risk free trade
Comment:
Trade setup failed. Good trade just didnt work out. Look for next 1

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.