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Nihanth_Aglogains
Aug 12, 2021 10:23 AM

ETH USDT: Buy Trade setup @ 3150 Long

Ethereum / TetherUSBinance

Description

Hello everyone, hope you are doing well.

Welcome to another trade setup as a part of "Aglogains - Daily Trade Series".

On the 1H timeframe we also see a three wick rejection, the price tried to break bellow 3090 3 times and failed to sustain the move.

My entry is on the 1H timeframe, after I observed a double bottom with a bullish confirmation.

Entry - 3150
Stop-loss - 3090 (60 points)
Take profit - 3230 (80 points)

1:1.33 RISK TO REWARD

Will keep you posted on the progress. Happy trading.

Trade closed: stop reached

Loss booked 60 points
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