foolsbookie

Expecting Ether to break out this week

BITMEX:ETHUSD   None
I expect ETH to break out of the wedge in this week - weekend included. My setup would only be at the breakout of this triangle, and my stop-loss would be the 128 either way. My R:R would be 2.57 on the along and 2.28 on the short

Short:
Entry: 117
Target: 95-103
Stop-loss: 128

Long:
Entry: 142
Target: 166
Stop-loss: 128

Please take this trade only after the breakout from the triangle, and its retest

It is not financial advise, and for god's sake manage your risk properly
Trade active:
Sorry for the delayed update, but this trade became active. Stop-loss is now at break even. Matter of time before 166 is hit this week. Be patient
Trade active:
50% of position closed at 164.
50% active with stop-loss at 160.
Expecting this to run to 173
Trade closed: target reached:
50% left with stop loss moved to 166.
Trade stat in terms of R:R - 2.48
Happiness: Infinity

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