I expect a head and shoulders pattern in the short term by ETH. IMO, ETH will rise to 350-352 first and then decline.
So...
I will:
Scalp ( ETH, short)
Enter 350-352
Exit1: 347
Exit2: 344
Exit3: 341
General rules in my trades (scalping/ intraday trading):
-Exit1 and Exit2 is the exits I use generally, Exit3 is just for risk lovers.
-If not otherwise specified, I would recommend a stoploss at the price of around 2x change at the unwanted direction. Although, I must say that the stoplosses are very individual and you need to decide it for yourself depending on how much you cope with "pain and pleasure" in trading.
- I would not recommend a high leverage trading.
- SCALPING IS A HIGHLY VOLATILE/DYNAMIC GAME, because of that please follow my updates, that I try to publish when necessary.
So...
I will:
Scalp ( ETH, short)
Enter 350-352
Exit1: 347
Exit2: 344
Exit3: 341
General rules in my trades (scalping/ intraday trading):
-Exit1 and Exit2 is the exits I use generally, Exit3 is just for risk lovers.
-If not otherwise specified, I would recommend a stoploss at the price of around 2x change at the unwanted direction. Although, I must say that the stoplosses are very individual and you need to decide it for yourself depending on how much you cope with "pain and pleasure" in trading.
- I would not recommend a high leverage trading.
- SCALPING IS A HIGHLY VOLATILE/DYNAMIC GAME, because of that please follow my updates, that I try to publish when necessary.
Comment:
1st target has been reached
Comment:
2nd target has been also reached. 3rd target is only for risk lovers.
Trade closed: target reached:
All targets have been reached
