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Tin.Foil
Oct 23, 2021 5:35 PM

ETH hourly chart - 2-3 day target at $4590 Long

Ether / United States DollarCoinbase

Description

Third leg rally target points to $4590.

Each prior rally shows approximately 15% gains.

Targeting at 15% and expecting this to fill a little early if we're planning to go parabolic.

Trade closed: stop reached

Stop was too shallow. Would have been reached before we completed this on the upside. But that's something I need to improve on, setting stop losses at 1/3rd rather than 1/10th. I get overly eager looking for 10:1 risk-reward vs just being safe with 3:1 risk-reward ratio.
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