ETHUSD, BITFINEX

Trading Signal
Long Position (EP) : 516.5
Stop Loss (SL) : 538
Take Profit (TP) : 465

Description
formed Double Repo Sell at 30M time frame. Trade setup with sell limit at 0.382 level (516.5) of FR and place stop loss above 0.618 level (538.0) of FR around old hight. Once the position was hit, place take profit above 1.618 level of FE(465.0)

Money Management
Money in portfolio : $700
Risk Management (20%) : $140

Position Sizing
1 ETH = $381.5
Contract size to open = 0.5 ETH
EP to SL = 21.5 Tick = $10.75
EP to TP = 51.5 Tick = $25.75

Expected Result
Loss = -$10.75
Gain = +$25.75
Risk/Reward Ratio = 2.4
Beyond Technical Analysis

Haftungsausschluss