CryptoGuru369

ETHUSD Short - Potential Profit: 59.7%

Short
BYBIT:ETHUSD   None
Strategy: Short from resistance to support. Paper trade is active after 2H, 4H, 12H, or 24H close below the bottom of the blue box. Waiting for higher time frame candle closes will increase the probability of this paper trade idea working out.

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Entry Zone: 223.60 - 213.50

T1: 212.00
T2: 209.50
T3: 204.00
T4: 191.60

Stop: 225.41

Risk:Reward: 3.33
Leverage: 5X
Potential Profit: 59.75%

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Disclaimer:
This is not financial advice. This information is not meant to be used for financial advice, nor trade ideas. This is for educational purposes only.
Comment:
This trade was active on 7th, March, 2020, after closing below the blue support box.

T1: 212.00 - HIT, 7th, march! (25.94% Gain)
T2: 209.50 - HIT, 7th, march! (31.53% Gain)
T3: 204.00 - HIT, 7th, march! (43.83% Gain)
T4: 191.60 - HIT, 8th, march! (71.56% Gain)

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