ETHUSD Trade Log

2 พ.ย. 2024

Trade Setup (2/11/2024) - ETH Short in 4H FVG

1. Setup: Enter a short position within the 4-hour Fair Value Gap (FVG), using this area as a potential resistance zone for a bearish move.

2. Entry strategy:
- Target: 1:2 RRR.
- Risk: 1% of account.
- Entry confirmation: Wait for the price to move into the 4H FVG and show bearish signals, such as a reversal pattern or rejection wick, before entering.

3. Stop-loss and take-profit:
- Place stop-loss above the upper boundary of the 4H FVG to protect against an unexpected breakout.
- Set take-profit at twice the stop-loss distance to achieve a 1:2 RRR.

4. Additional considerations:
- Monitor for market events or news that could impact ETH volatility.
- Ensure that price action aligns with bearish signals within the FVG for a higher probability of success.

6 พ.ย. 2024

ปิดการเทรด ด้วยตนเอง

Not messing around with this.