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UtkuYucel
Nov 11, 2021 10:27 PM

ETHUSDT | POSSIBLE QM5 - SELL  Short

Ethereum / TetherUSBinance

Description

As you can see, there is a possible qm5 sell pattern.

Short position entry = 4825

TP1 = 4587
TP2 = 4500

R/R Ratio: 6.54

NFA.

Trade active

TP1 has reached, closed %80 of the position and moved my stop to entry level.

Trade closed manually

Closed the remaining percent manually at 4580$. The price has founded a support area at ~4520$
Comments
Solana2DMoon
Target makes sense. Not the ridiculous 3500 I have seen
UtkuYucel
@Ethereum2DMoon, 3500 is not making sense as u said. Market is still in bullish structure and didn't make any lower lows.
Solana2DMoon
@UtkuYucel yes exao
Solana2DMoon
Exactly *
Solana2DMoon
good call
UtkuYucel
@Ethereum2DMoon, Thanks bro.
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