CryptoSpain

SHORT SET UP ON ETHXBT 15M TIMEFRAME

Short
KRAKEN:ETHBTC   Ethereum / Bitcoin
Hello fellows!
I want to share with you my first set up on a real movement in ETHXBT-2.26% , I will be publishing more in order to receive reviews to improve my set ups and thus my trading performance in the future

We will split our trade in 4 targets in order to maximize and ensure our potential profit.

1º Target Risk/Reward Ratio 2.5. Target level 0.382 Fibbonaci retracement B C-1.26% .
2º Target Risk/Reward Ratio 4. Target level 0.618 Fibbonaci retracement BC-1.26% .
3º Target Risk/Reward Ratio 6. Target level 0.886 Fibbonaci retracement BC-1.26% .
4º Target Risk/Reward Ratio 8.5. Target level 1.272 Fibbonaci extension AB.

*Pro Tip, place your take profits limits orders just before target leves in order to not stay out

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