5:1 trade opportunity on Etherium Classic
已更新
We have another rising wedge pattern setting up on Etherium Classic.
Reasons for sell trade:
Projected stop loss and take profits targets are shown.
A move above 16.3 would invalidate this setup.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Reasons for sell trade:
- Rising wedge meetings rules
- Decrease in volume
- Break of the RSI trend line
- Bitcoin has similar rising wedge pattern forming
Projected stop loss and take profits targets are shown.
A move above 16.3 would invalidate this setup.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
交易开始
Breakout to downside confirmed交易开始
Look to reduce risk now that price is moving in right direction . Can always reverse so good risk management is the key.交易开始
I'm slowly adding limit orders to increase position size. Stops above red line to manage risk注释
交易开始
Hopefully some of you added to you position when i suggested!Rising wedge patterns in a bear market and very good to trade!
交易开始
Look to take partial profits and adjust stops to reduce risk during a trade交易结束：到达止损
Failed to reach profit target. Still a great trade if you had good risk management and took partial profits as mentioned above.
Onto the next trade!
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