ETHUSD - Analysis Base on Multiple Time Frame
Hey traders,
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To summarize, the #long-term trend will be downward and you should think about Short Positions, not Long
But on other hand, it will not allow you to get profitable positions as simple as possible.
It is waiting for the positions of traders to open, and then at first hunt their all Stop Loss and then it will play and play until all the traders are mentally tired and then it will act on its analysis (HD- & Falling).
So the best way to win this profitable trade is having you own money management.
The best area to get positions is between 1413 - 1475. Each time price go up you can add to your lot size.
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And Targets:
As you can see there are 2 type of targets. Short-term targets (base on H1 time frames) and Long-term targets (base on H4 time frame) that all those must be touched.
If you are patient person and your balance let you, wait for H4 targets to get more profit else close your positions on Short terms Targets.
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That is all. I hope all of we can get good and profitable position on this analysis.
Please let me to know your analysis too by giving feedback and I am waiting for your comment and I will be so thanks if you support my page by your likes.
Good luck...!
Hey traders,
Please Support this Idea with LIKE if it is Useful....
To summarize, the #long-term trend will be downward and you should think about Short Positions, not Long
But on other hand, it will not allow you to get profitable positions as simple as possible.
It is waiting for the positions of traders to open, and then at first hunt their all Stop Loss and then it will play and play until all the traders are mentally tired and then it will act on its analysis (HD- & Falling).
So the best way to win this profitable trade is having you own money management.
The best area to get positions is between 1413 - 1475. Each time price go up you can add to your lot size.
-----------------------------------------------------------------------------------------------------------------------------------
And Targets:
As you can see there are 2 type of targets. Short-term targets (base on H1 time frames) and Long-term targets (base on H4 time frame) that all those must be touched.
If you are patient person and your balance let you, wait for H4 targets to get more profit else close your positions on Short terms Targets.
-----------------------------------------------------------------------------------------------------------------------------------
That is all. I hope all of we can get good and profitable position on this analysis.
Please let me to know your analysis too by giving feedback and I am waiting for your comment and I will be so thanks if you support my page by your likes.
Good luck...!
Comment:
Sorry, there are a my mistake. The HD- must be RH-.
Trade closed: target reached:
Target 1 reached