Ethereum Descending Channel "SMC" BO

7 Şub 2023

A trader may initiate a long position in ETH with a 15-minute time frame, as the price action is forming an descending channel pattern. The entry point is targeted near the 0.3 Fib level at the structure break, with an expected swing high target of 1670$ and a protective stop loss set at the recent swing low of 1620$. The potential reward to risk ratio is 6.

Trade Setup

Pattern : Ascending Triangle Pattern
Time Frame : 15 Mins
Entry BOS Region : 1625$
Target : 1670$
Stop Loss : 1620 $
Risk Reward : 6

7 Şub 2023

İşlem aktif

8 Şub 2023

İşlem kapandı: hedefe ulaştı

Target Reached

8 Şub 2023

Not