Possible Cup and Handle On ETH

18 Nis 2018

There's a possible Cup and Handle pattern forming on ETH's 4-hour. Good risk/reward ratio. Will enter a long.

Stop:$447.06
Average Entry Price: $504
Final Target: $837.77

Risk/Reward Ratio: 5.77

First Target: $600
Second Target: $700
Final Target: $837.77

Will Update Accordingly.

20 Nis 2018

Not

First Target reached. Not taking profit yet, but I'm moving my stop into profit.

24 Nis 2018

Not

Second Target reached. I'm taking profit here because I'm not positive that the Final Target will be reached. A lot depends on Bitcoin.

Cheers to whoever joined me in this trade.