Mesquita1

Trade #002/100 - Ethereum - Reversal

Long
Mesquita1 Updated   
BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
Trade #002/100 - ETHUSDT.P
Good Morning Traders,
Starting a new series of 100 Scalps with 3% Risk and looking for 5:1 R:R ratio.

  • Looking for 0.618 Fib Pivot Point Reversal
  • Trend losing bias and forming reversal patterns
  • Tight Stop-Loss for good R:R, actually looking for a 5:1 R:R.
  • Violent reaction on the entry level.
  • Lets Keep it simple.


"Nobody - and I don't care if you're Warren Buffet or if you're Jimmy Buffet - nobody knows if a stock is going to go up, down, sideways or in circles. You know what a fugazi is?"
Trade closed: stop reached:
Was on $AVAX either and got stopped out on this boom.

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