As you all are aware ETH recently had a very bullish impulsive move upwards breaking the previous high at 2186
I have covered this in my previous video, I'll attach the link.
As we look at the hourly chart ETH broke above 2340 in its latest move, this led to a sell of and retest of the previous swing low with a deep pullback to 2300-2330 levels.
I'm going to look for buying opportunities at this important level.
Entry - 2332.5
SL - 2265 (67.5 points)
TP - 2425 (95 points)
Risk to Reward - 1 : 1.4
Will keep you posted on the progress.
I have covered this in my previous video, I'll attach the link.
As we look at the hourly chart ETH broke above 2340 in its latest move, this led to a sell of and retest of the previous swing low with a deep pullback to 2300-2330 levels.
I'm going to look for buying opportunities at this important level.
Entry - 2332.5
SL - 2265 (67.5 points)
TP - 2425 (95 points)
Risk to Reward - 1 : 1.4
Will keep you posted on the progress.
Trade closed: target reached:
Take profit target reached successfully. We have captured close 95 points in the market. Good day guys.
