$EOS/USDT 2D (Binance Futures) Ascending channel on support
Eos has retraced down a lot and seems to be bottomed here, time to look back up for mid-term.
Current Price= 5.642
Buy Entry = 5.670 - 5.170
Take Profit= 7.669 | 11.156 | 21.218
Stop Loss= 3.916
Risk/Reward= 1:1.5 | 1:3.81 | 1:10.5
Expected Profit= +41.49% | +105.83% | +291.48%
Possible Loss= -27.75%
Fib. Retracement= 0.5 | 0.786 | | 1.272
Margin Leverage= 1x
Estimated Gain-time= 3 months
Current Price= 5.642
Buy Entry = 5.670 - 5.170
Take Profit= 7.669 | 11.156 | 21.218
Stop Loss= 3.916
Risk/Reward= 1:1.5 | 1:3.81 | 1:10.5
Expected Profit= +41.49% | +105.83% | +291.48%
Possible Loss= -27.75%
Fib. Retracement= 0.5 | 0.786 | | 1.272
Margin Leverage= 1x
Estimated Gain-time= 3 months
Trade active:
Both entries filled
Eos dipped as planned so far, time of truth, support must hold!
Eos dipped as planned so far, time of truth, support must hold!
Trade closed: stop reached:
SL hit with -27.75% (1x) and -1R
Eos kept going down, this is so unreal and we were so not prepared for that, what a pity!
Eos kept going down, this is so unreal and we were so not prepared for that, what a pity!
Eos finally bounced on 200MA, exactly where we should have been waiting for it.
We were right about the recovery but we entered way too early and suffered for nothing...
Anyway, trading has no mercy, sometimes we win, other times we learn!