REACTING TO THE ECONOMIC NEWS ON ETH 05/05/2021
Yesterday was a wild day for Crypto, Stock and Indices (this gave us intraday traders an exciting day)
A half-point interest rate hike by the Federal Reserve, the largest hike since 2000, which was done in an attempt to corral record high inflation.
ETH failed to reclaim back the $3000 mark and we had a picturesque Supply Pattern.
Stop loss = 1% Risk
Take Profit = 5.6% Reward
R/R = 5.60/1
Due to the High Volatility we scaled to the 15m to action this trade.
Hope you enjoy this trade idea.
A half-point interest rate hike by the Federal Reserve, the largest hike since 2000, which was done in an attempt to corral record high inflation.
ETH failed to reclaim back the $3000 mark and we had a picturesque Supply Pattern.
Stop loss = 1% Risk
Take Profit = 5.6% Reward
R/R = 5.60/1
Due to the High Volatility we scaled to the 15m to action this trade.
Hope you enjoy this trade idea.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.