protradingmentors

Med Term Trend Change ETH - Short Signal on a Swing Trade

Short
BITFINEX:ETHUSD   Ethereum
Overnight our AM Wave Indicator turned NEGATIVE on ETH. Waited for confirmation and entered short at 857. Our target is 785 and our current stop loss is at 875. When the current bar closes we will trail our stop by the 4hr ATR of 25 which should put us slightly positive.
Trade active:
Moved Stop Loss to Trailing Stop 855
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