Ethereum
שורט
מעודכן

ETH/USD perpetual quanto Short Setup

Entry: 197
Stop: 206.65
Target: 170.97
R:R: 2.7

Reason for Entry: Price has been consolidating at the green rectangle which should have acted as support and initiated an impulse move up by now (which did not happen even after 12 consecutive H4 candle closes). This indicates price wants to reach lower.

Trade management plan: I'll compound 2 more entries if we wick up
עסקה פעילה
הערה
If the recent low (184.20) breaks, I see open air till my target.

תמונת-בזק
עסקה סגורה: הגיע לסטופ
Stopped out. 4.9% Loss.

In hindsight, consolidation at a level (be it support or resistance) is always a trouble sign hence I should have exited the trade at B/E or with small profit. A strict trading rule to carry forward and implement in future.
הערה
Staying out till I see a clear direction.

תמונת-בזק

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