Spotted a potential long opportunity on ETH after a clean pullback into a demand area.
Price is currently retracing after a strong bullish leg, showing signs of slowing momentum on the way down.
🔹 Entry: 3049
🔹 Stop-Loss: 2974.72
🔹 Take-Profit: 3326.79, giving roughly a 1:4 R/R
🔹 Risk: ~2.4%
🔹 Reward: ~9.1%
Why I like this setup:
Clear bullish structure on the higher timeframes
Liquidity grab below previous lows
Price pulling back into a strong demand zone
Good risk-to-reward for a continuation play
Waiting for confirmation before full entry — a change of character (CHoCH) or bullish rejection wick would strengthen the setup.
Let’s see how it plays out. 🚀
Price is currently retracing after a strong bullish leg, showing signs of slowing momentum on the way down.
🔹 Entry: 3049
🔹 Stop-Loss: 2974.72
🔹 Take-Profit: 3326.79, giving roughly a 1:4 R/R
🔹 Risk: ~2.4%
🔹 Reward: ~9.1%
Why I like this setup:
Clear bullish structure on the higher timeframes
Liquidity grab below previous lows
Price pulling back into a strong demand zone
Good risk-to-reward for a continuation play
Waiting for confirmation before full entry — a change of character (CHoCH) or bullish rejection wick would strengthen the setup.
Let’s see how it plays out. 🚀
Trade fechado: stop atingido
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.