TradingView
rmugavin
May 19, 2020 10:49 PM

ETH Retracement trade Long

Description

ETH created a HL, HH after a long term downtrend
Broked strong resistance to do so.
Support now lines up with 50 fib and trendline,
Ideal long entry

Trade active

TP1 hit
50% off the table, stop moved to profit

Trade active

Price very close to TP2.
SL placed below recent 1H bullish engulfing to lock in max profits if it doesn't quite reach TP.

Trade closed: target reached

TP 2 Hit. Ripper trade
More