ETH-BTC Long Trade Plan
Commodity : ETHEREUM
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 15% of the total Trading Balance.
Prospective Profit : 4.6% to 15.6%
Prospective Loss : 2.6%
RRR : SL to TP1 is 1.72, SL to TP2 is 2.91 , SL to TP3 is 4.47 and SL to TP4 is 5.89
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 15% of the total Trading Balance.
Prospective Profit : 4.6% to 15.6%
Prospective Loss : 2.6%
RRR : SL to TP1 is 1.72, SL to TP2 is 2.91 , SL to TP3 is 4.47 and SL to TP4 is 5.89
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
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