CompositeTrader

ETH/USD Price Action Analysis | Hopes & Despairs

Short
CompositeTrader Updated   
BITMEX:ETHUSD   None
Ethereum has got back in the Trading Range after a significant Bear Trap. Most of the bears are already got hunted and if not, will be hunted in the next up move along with the hopes of the bulls. That intersection of both, is where our entry initiates.

Entry: 187.9
SL: 208.1
TP-1: 152.1
TP-2: 132.1
R/R: 2.76


‪Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.‬


‪The ideas published here are not financial advices.
Trade active
Trade closed: target reached:
30% profit is taken.
Trade closed: target reached:
Position is fully closed.

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