orangestar4aC

ETHUSD - Kraken - Scalp Session 001

Long
orangestar4aC Updated   
KRAKEN:ETHUSD   Ethereum
Quickly before it breaks out....

3 targets.

Cryptos mosnt known coins seen to be following BTCUSD lately. ETHUSD offers bigger % movements than BTCUSD. I remain Bearish for the midterm in ETHUSD, but this looks like a good scalp opportunity.

Stop below support. Not on it. Did this in a hurry---
Trade active:

1st Target reached. Small pullback here, or straight to Target 2....
Trade active:

Missed 2nd Target by 1USD, back to breakout price. Still holding as I believe we will see more rallies soon. Buying here with tighter stop could be a good idea.
Comment:

Possible more support before Stop price, between 200.00 - 205.00
Trade closed manually:

Closed trade with profit, felt pretty exposed here. Managed the 1st target, almost got the 2nd. Thinking on opening a new trade in this dip considering the bull divergence pointed with the magenta arrows, although they may carry no effect at all. Averaged 4.73% in profit, not bad for entering late.
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