Opened short - 2075
Target - 1880-1930
stop - 2125
As always we will be reevaluating the position in trade, usually i like to hold these positions on a much larger time frame when shorting eth from the top but this position will be a bit different, it will be a very strict target & stop without much room to maneuver taking into consideration the move had good & eth has some events coming up at the end of the month.
time to watch this trade come good & recover from the mad weekend. good luck all.
p.s good hangover cure -> honey on toast + 1 banana + 1-2L of water before bed ;-)
if we dont gain momentum to downside in the next 4-8 hours i will most likely close this trade.
currently the price has dropped below previous resistance which is still giving this trade some hope.
bit of a lucky trade which reflecting now was very risky in the first place due to timing of the trade, will take it anyway, everyone has a lucky trade once in a while. :-)