ETH


Intraday Trading Strategy

Current Trend: 1H rallying high then pulling back sideways, 15M slightly bearish consolidation, 5M weak rebound

Trade Direction: Short

Suggested Entry Price: 2334-2338

Suggested Take Profit Prices:

TP1 (cost protection +70% or full exit): 2320

TP2: 2306

Suggested Stop Loss Price: 2348

Trade Entry Reason:

1H high point moving lower with increased volume and pulling back

15M clear resistance around 2338

5M rebound with decreasing volume not breaking previous high

Early Exit Conditions:

5M volume increasing and stabilizing above 2340

Strategy Order Cancellation Conditions:

15M close above 2348

Risk-Reward Ratio:

TP1=1:1.4

TP2=1:2.8

Trade Confidence: 76%
ETH-2.31%
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