[H4 Signal] ETHUSDT - Consolidation Technical Reversal

Timeframe: H4
Direction: Long

Technical Confluences for Trade:
- Price action at Multi-Year Horizontal Support Trendline
- Stochastic Oversold momentum
- Widening of the EMAs
- Fib Channel shows Price action at 0.786 Channel level

Suggested Trade:
Entry @ Area of Interest 1400 - 1500
SL: 1371
TP1: 1680 (move SL to Entry level once TP1 is achieved)
TP2: 2000
RR: Approx. 5.69 (Depending on Entry Level)

May the pips move in our favor! Good luck! :D

*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.

İşlem aktif

İşlem kapandı: durdurma seviyesi

Market is still very volatile. Be careful.

weekendanalyst

Disclaimer: The personal opinion above does not constitute as an investment advice. Any trade decisions taken based on the above opinion is purely at your own risks. DYOR.

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weekendanalyst tarafından

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

weekendanalyst

Disclaimer: The personal opinion above does not constitute as an investment advice. Any trade decisions taken based on the above opinion is purely at your own risks. DYOR.