Evening Trading Points $ETH 😄

Long Trading Plan ( Primary Direction )

Full cycle bullish convergence, with long positions as the primary direction. The key is to enter at retracement levels rather than chase highs.

Plan A: Retracement to 2285 long
- Entry: 2283-2287(5M close confirms stable above 2285)
- Stop Loss: 2275
- Target 1: 2300(psychological level)
- Target 2: 2310-2320
- Risk/Reward: approximately 1.5:1 to 3:1
- Trigger: Price retraces to 2285 vicinity + 5M increased volume bullish candle confirmation

Plan B: Retracement to 2279 long(more conservative)
- Entry: 2277-2281(5M close confirms stable above 2279)
- Stop Loss: 2268(below 2270 FVG)
- Target 1: 2298(previous high)
- Target 2: 2310
- Risk/Reward: approximately 1.5:1 to 2.5:1
- Trigger: Price retraces to 2279 + 5M increased volume bullish candle + volume >800k

Plan C: Breakout 2300 aggressive long(aggressive)
- Entry: 5M close >2300 and volume >1500k
- Stop Loss: 2288
- Target 1: 2320
- Target 2: 2350
- Risk/Reward: approximately 1.7:1 to 4:1
- Trigger: Breakout 2300 with volume, requires extreme volume confirmation

Short Trading Plan ( Defensive Direction )

Current full cycle bullish, short positions limited to extreme levels with limit orders only, no chasing shorts.

Plan D: 2300 false breakout short
- Entry: After breaking through 2300, 5M close retraces below 2295(long upper wick confirmation)
- Stop Loss: 2308
- Target 1: 2285
- Target 2: 2279
- Risk/Reward: approximately 1.2:1 to 2:1
- Trigger: Increased volume long upper wick above 2300 + 5M close <2295

Plan E: 2310-2320 range short(limit orders)
- Entry: Place limit short orders 2310-2320
- Stop Loss: 2330
- Target 1: 2295
- Target 2: 2279
- Risk/Reward: approximately 1.5:1 to 4:1
- Trigger: Price touches order level