ETHOS - Buy Opportunity - 60% ROI - 9:1 Risk/Reward

Reason to BUY using a STOP-LIMIT order on a confirmed breakout of consolidation zone:

• Valid break-out pattern with a clear consolidation zone
  
• Consolidation occurring at the upper trend line of the larger break out pattern
  
• Smaller time frame break outs have reached target = trend continuation
  
• High return on investment (60%) with 9:1 risk/reward
  

Enjoy.

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.

Yorum:

Trade active , place stops below consolidation zone

Yorum:

The more conservative traders could move stops to break even for a risk free trade

Yorum:

Trade setup failed. Good trade just didnt work out. Look for next 1