foolsbookie

Ethereum short is the favourable position now

Short
BITMEX:ETHUSD   None
Ethereum short is more favourable now. But wait for price to spike unto the 262-267 mark.

Invalidation above 290

Not a financial advicce
Trade active:
Asks at 260 were filled overnight. Now, moved my TP to 258, so profits are ensured. Always take profits even as minimal as 1% Always good
Comment:
Moved buy-stop to 254. 3% profit assured with 2x leverage
Trade closed manually:
Closed at. 251 because of the double bottom formed on the 4H candles at 08:00 UTC and 12:00 UTC

Overall performance of the trade:
R:R = 2
Final profits made: 2% of the stake

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