ETH SCALP SHORT

2021年9月16日

The CHAMELEON indicator painted a MAROON CANDLE.
MAROON CANDLE predicts a price dip which is useful for a SHORT. Since this is on the 15m timeframe
The OPEN of the MAROON would be a good place to consider adding to such a position.
STOP LOSS at the HIGH of the MAROON.
INITIAL TARGET shown by the ORANGE PIVOT range.

2021年9月16日

交易手动结束

CLOSED at 1R Profit.

2021年9月16日

交易手动结束

The CHAMELEON is still highlighting the chart with a green background despite the downward price action which was captured by the MAROON candle. Hence at the first sign of tension with an old resistance level, shown on the chart above by the ORANGE symbols. Hence we close this scalp trade in profit of +1.3R (less fees, call it 1R).

2021年9月16日

交易开始

SHORT order to catch the retest of the ORANGE PIVOT RANGE, at the midpoint of the body of the MAROON CANDLE as per the CHAMELEON documentation.
STOP above the LOCAL HIGH at 3684. Target 3584.

2021年9月16日

交易结束：到达目标

Another +1.2R