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rludvik
Aug 7, 2018 1:56 PM

ETHBTC - Fibonacci captured the flag Long

Ethereum / BitcoinKraken

Description

The bullish flag failed, but ETH was able to hold 61.8% Fib level. Trade idea, if this level will be retested:
- entry at 61.8% Fib level (0.057)
- T1 at previous high, T2 defined with ABCD
- initial stop loss bellow previous low

Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)

Trade closed: stop reached

In and stop loss reached.
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