ETHEREUM (A Future Prediction Using BULLISH RECTANGLE PATTERN)
1. This bullish prediction is based on the formation of the BULLISH RECTANGLE PATTERN in the market.
2. This pattern shows that the market is going to be bullish in the future and tells us that we have to put a long position when the resistance breakout happens in the future. (It happens : what are we waiting for? Let's enter the market with a proper risk.)
2. This pattern shows that the market is going to be bullish in the future and tells us that we have to put a long position when the resistance breakout happens in the future. (It happens : what are we waiting for? Let's enter the market with a proper risk.)
Trade active:
1. The Market breaks the resistance level allowing that you have to create a long position.
2. Applying a proper SL at the support level so that a Risk to Reward Ratio at almost 1 : 2.5.
3. If there is a pullback after a formation of a resistance or swing high.
4. Then we have to wait for the signal to enter the market again at that pullback by applying a pullback strategy.
2. Applying a proper SL at the support level so that a Risk to Reward Ratio at almost 1 : 2.5.
3. If there is a pullback after a formation of a resistance or swing high.
4. Then we have to wait for the signal to enter the market again at that pullback by applying a pullback strategy.