Symmetrical Triangle formation in Ethereum/USD(15 min Timeframe
As we can see Ethereum/USD is making Symmetrical Triangle pattern in 15 min Timeframe. As price is making Higher low's, it is gaining a momentum. If price crosses upper resistance trendline we can see a further upmove and crosses down support trendline we can see a further downmove. This is symmetrical triangle pattern also called as continuation pattern. If price breaches either of one side then we can expect price will move by that direction only.
Condition 1= If price breaks and closes above the Resistence Trendline
Target 1= 2122.01
Target 2= 2125.51
Target 3= 2130.62
Stop Loss= Place stop loss as per your Risk to Reward Ratio
Condition 2= If price breaks below the Support Trendline
Target 1= 2095.37
Target 2= 2083.14
Target 3= 2073.39
Stop Loss= Place stop loss as per your Risk to Reward Ratio
Condition 1= If price breaks and closes above the Resistence Trendline
Target 1= 2122.01
Target 2= 2125.51
Target 3= 2130.62
Stop Loss= Place stop loss as per your Risk to Reward Ratio
Condition 2= If price breaks below the Support Trendline
Target 1= 2095.37
Target 2= 2083.14
Target 3= 2073.39
Stop Loss= Place stop loss as per your Risk to Reward Ratio
コメント:
Target 1 = 2095.37 hit
コメント:
Target 2 = 2083.14 hit @6:40AM
トレード終了: 利益確定目標に到達:
Target 1 and 2 successfully hit, Target 3 almost hit 2075.48 @6:45AM
Avinash K.
