foolsbookie

Two trades: High R:R and Long-term

Long
BITMEX:ETHUSD   None
Ether looks like the asset to trade right now with all its volatility.

There are two trades in this, one is a short-term trade. Possible before the end of February - the one on the left with a target of 304.

However, for big profits, and wider stop-loss, the target should be 350 with a stop-loss at 230. I don't think we see Ether below 240 for a while.

I would only enter these longs after 290 is breached and the 1H closes above 290. Hence, the delay in posting this trade. Else, we will visit 260s before another leg upward.

Also, this ain't a financial advice, just a track of my trades which I share publicly.

If you like them and want to engage in more CT and trading stuff with me, please follow me on twitter @foolsbookie
Trade closed manually:
My bids were never filled as we never reached 290. So, the idea was invalidated

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