eth broke out of the downward trendline and backtested it successfully, however, I wouldn't long here cause we are under resistance. the ideal scenario for me would be a pullback to VAL of the range and 0.5 fib retracement. 4h MS is nu shifted from bearish to bullish so I would DCA from 1130 to 1170 if we get a pullback with a stop below 1115. if we just pump from here then I would look for a short higher around 1300 ish.
Trade attivo:
got filled overnight for 1/3 of my position
Commento:
took some profit at 1220 stop at BE and let it run
Trade chiuso manualmente:
closed out fully at 1270