Hello guys, hope you are doing well.
Welcome to today's trade setup as a part of "Aglogains - Daily Trade Series".
After a massive rally to the upside reaching almost 3200, ETH USDT took a breather to pull back to the previous resistance turned support region of 3000 - 2900 level.
I was looking for buying opportunity at this level if I saw a bullish price pattern on the lower time frames.
On the 15 Min chart, we can see a double bottom is formed and then a bullish candle confirmation.
Entry - 2923
Stop-loss - 2843 (80 points)
Take profit - 3043 (120 points)
1:1.5 RISK TO REWARD
Will keep you posted on the progress. Happy trading.
Welcome to today's trade setup as a part of "Aglogains - Daily Trade Series".
After a massive rally to the upside reaching almost 3200, ETH USDT took a breather to pull back to the previous resistance turned support region of 3000 - 2900 level.
I was looking for buying opportunity at this level if I saw a bullish price pattern on the lower time frames.
On the 15 Min chart, we can see a double bottom is formed and then a bullish candle confirmation.
Entry - 2923
Stop-loss - 2843 (80 points)
Take profit - 3043 (120 points)
1:1.5 RISK TO REWARD
Will keep you posted on the progress. Happy trading.
Trade closed: target reached:
Target reached 120 points booked. Hope you guys followed along!