USDETH (ascending triangle; targets around 3,200/ 3,900)

ETH sets-up an ascending triangle. Which means, if ETH crosses 2,900 it might have the potential to target 3,200/ 3,900.

I have already opened my first position around 2,600 (not according to the playbook). SL is below 2,480.

The ascending triangle are the orange lines.

Support/ resistance: Please check the rectangles.

The arrows and tick-marks are the old ETH trades.

ETHUSD

Trade ist aktiv

Trade geschlossen: Stop wurde erreicht:

Stop has been triggered at 2,600 (below the orange line).