Hello fellows! I want to share with you my first set up on a real movement in ETHXBT-2.26% , I will be publishing more in order to receive reviews to improve my set ups and thus my trading performance in the future
We will split our trade in 4 targets in order to maximize and ensure our potential profit.
1º Target Risk/Reward Ratio 2.5. Target level 0.382 Fibbonaci retracement B C-1.26% . 2º Target Risk/Reward Ratio 4. Target level 0.618 Fibbonaci retracement BC-1.26% . 3º Target Risk/Reward Ratio 6. Target level 0.886 Fibbonaci retracement BC-1.26% . 4º Target Risk/Reward Ratio 8.5. Target level 1.272 Fibbonaci extension AB.
*Pro Tip, place your take profits limits orders just before target leves in order to not stay out