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

BINANCE:BQXBTC240

Description

⋅ Apr 28, 2018 3:27 PM

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

⋅ Apr 30, 2018 9:23 AM

Trade active , place stops below consolidation zone

Comment

⋅ Apr 30, 2018 2:56 PM

The more conservative traders could move stops to break even for a risk free trade

Comment

⋅ May 4, 2018 7:50 PM

Trade setup failed. Good trade just didnt work out. Look for next 1

Comments

Belcara

⋅ Apr 30, 2018 6:42 PM

nice ....where did u set your stop loss mark?

hedgewithcrypto

⋅ Apr 30, 2018 11:31 PM

@Belcara, always below the consolidation zone (lower horizontal line). It can be lower but ur risk will begin to increase. If price breaks out i will usually trail and move to breakeven for a free trade.