3 Reasons:
Location: At new lows
Momentum: Divergence confirmed on MACD. W confirmation on Willy.
Structure: Enter at break of W confirmation. Risk against structure bottom.
Profit Objective: 2:1 R/R
Location: At new lows
Momentum: Divergence confirmed on MACD. W confirmation on Willy.
Structure: Enter at break of W confirmation. Risk against structure bottom.
Profit Objective: 2:1 R/R
Trade closed: stop reached:
Unfortunately ETH could not breakout from structure W, thought this could be the bottom and a reversal trend would begin.