ETHUSD Swing Short to $170

Mar 2, 2020

This paper trade idea is for a swing short trade to $170. This is in anticipation of breaking down out of the triangle price finds itself within. The measured move of the flag pole of this Bear Flag takes price down to about $160, so targeting support at $173 has a higher chance of meeting the final target.

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Entry Zone: 238.00 - 223.50

T1: 223.50
T2: 218.75
T3: 203.50
T4: 191.25
T5: 173.25

Stop: 250.64
R:R: 3.01
Leverage: 5X
Reward: 125.60%

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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.

Mar 3, 2020

Note

T1: 223.50 - HIT
T2: 218.75
T3: 203.50
T4: 191.25
T5: 173.25

Jun 15, 2020

Note

Trade was active on 7th, March, 2020, after closing below the blue support box. All targets were quickly thereafter hit! Let's get this crypto!

T1: 223.50 - HIT! (30.46% Gain)
T2: 218.75 - HIT! (40.4% Gain)
T3: 203.50 - HIT! (72.48% Gain)
T4: 191.25 - HIT! (98.21% Gain)
T5: 173.25 - HIT! (136.29% Gain)