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Trade Alert(s)

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Trade Alert(s)

#short #ethereum #ethusd #yfi #eos #cultdao

stewdamus
Sep 16, 2022
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Trade Alert(s)

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Position = ETH

Entry = 1455

Stop Loss = 1537

Final Target = 1037

Risk/Reward = 5/1

Leverage = 5x

Profit Potential = +143%

Traders,

I am trying to remain confident, but this market is difficult to trade for the most experienced traders. Nevertheless, I have to continue to trade the patterns that I see, even though, it sometimes seems I would be better off flipping a coin down here.

I have pulled my longs out of YFI due to so much uncertainty and tomorrow’s quad witching, and I was stopped out of EOS and CULT. Now it’s time to go short.

Above you can see an inverse Cup and Handle pattern I spotted on Ethereum a few days ago. Although, many state the market makers are manipulating prices and patterns aren’t working, I am going to give this one a try. The conspiracy theorist might be right and that is why I have put in a fairly tight stop here.

Stew

⛓️ 🔗 Trade Tracker 🔗 ⛓️

https://docs.google.com/spreadsheets/d/1HhilTNSTsS0Z10ORBk0BRG-r1q94r3dHWRZ84kwOlYQ/edit#gid=447207772

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