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Signal_Centre
Aug 4, 2022 7:42 AM

Joe Gun2Head Trade - Ethereum at major resistance on weekly Short

Ether / United States DollarCoinbase

Description

Trade Idea: Selling Ethereum
Reasoning: Major resistance on the weekly chart. Triangle pattern on the intraday.

Entry Level: 1634.26
Take Profit Level: 1356.43
Stop Loss: 1687.75
Risk/Reward: 5.19:1

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Comments
ictsmc2021
good entry
Arisha_Najjaran
would be safer to wait for the break of the trend line, im personally observing the price until it breaks down or see a reversal candle for quick scalp to 1670$
Signal_Centre
@Mohammad_Najjaran, yes 100% safer to wait for the break. I explained this on the stream today. It's pre-emptive, and therefore higher risk.
Your approach sounds solid! Good luck.
Arisha_Najjaran
@Signal_Centre good luck to you too, cheers.
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