ETHUSD, BITFINEX

Trading Signal
Short Position (EP) : 737
Stop Loss (SL) : 775
Take Profit (TP) : 610

Description
The current prices of ETH are hitting big resistant of the month time frame. Trade setup with sell stop at Re-visited COP (737) and place stop loss above Resist *F3 of Month (775). Once the position was hit, place take profit above 0.382 level of FR(610)

Money Management
Money in portfolio : $1500
Risk Management (20%) : $300

Position Sizing
1 ETH = $737
Contract size to open = 0.5 ETH
EP to SL = 38 Tick = $19
EP to TP = 127 Tick = $63.5

Expected Result
Loss = -$19
Gain = +$63.5
Risk/Reward Ratio = 3.3
Trend Analysis

Declinazione di responsabilità