Hey everyone, hope you are doing well.
Welcome to "Aglogains - Daily trade series"
Today we are looking at a buy signal for ETHUSDT at 3436 ;
On the 15 Min time frame ETH has seen a lot of demand at the this price range of 3408 - 3448 and has made an impulsive move upwards. I was waiting for ETH to pullback to major demand zone and then look for entry signals on the lower time frames. i.e, 5 Min time frame.
We saw a bullish engulfing and a double bottom being formed at 3436 price and this was our entry price.
Entry - 3436
Stop loss - 3375.00
Take Profit - 3546
Will keep you updated on the progress.
Let me know your thoughts in the comments below.
Welcome to "Aglogains - Daily trade series"
Today we are looking at a buy signal for ETHUSDT at 3436 ;
On the 15 Min time frame ETH has seen a lot of demand at the this price range of 3408 - 3448 and has made an impulsive move upwards. I was waiting for ETH to pullback to major demand zone and then look for entry signals on the lower time frames. i.e, 5 Min time frame.
We saw a bullish engulfing and a double bottom being formed at 3436 price and this was our entry price.
Entry - 3436
Stop loss - 3375.00
Take Profit - 3546
Will keep you updated on the progress.
Let me know your thoughts in the comments below.
Trade closed: stop reached