ETH Short hedge
Updated
5000 USD size (worth of ETH / 500 cont.)
190 USD risk
Bearish news on tax, hedging full account and then some.
twitter.com/zerohedge/status/1385279065339351051?s=20
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*BIDEN TO PROPOSE CAPITAL GAINS TAX AS HIGH AS 43.4% FOR WEALTHY
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Technical resoning
1H closed as an SFP (teal level)
Re-entry on the outermost KC Channel
Invalidation: Close above level or KC
Buy back areas (TP): WO and OB support confluence or any kind of strength, we are still in a bull market especially for ETH.
190 USD risk
Bearish news on tax, hedging full account and then some.
twitter.com/zerohedge/status/1385279065339351051?s=20
+++
*BIDEN TO PROPOSE CAPITAL GAINS TAX AS HIGH AS 43.4% FOR WEALTHY
+++
Technical resoning
1H closed as an SFP (teal level)
Re-entry on the outermost KC Channel
Invalidation: Close above level or KC
Buy back areas (TP): WO and OB support confluence or any kind of strength, we are still in a bull market especially for ETH.
Trade active
KCsTrade closed manually
Closed at 2300 for +2.5R (+0.183 ETH 420 USD)Comment
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