$ETH 7.1 Daily Forecast Positions: 1 If the market cannot break above 1610, if it can form a wick at 1595, you can short with a stop loss at the previous high of the wick


2. Long at 1520 wick, if it doesn't hold, don't enter, stop loss at 1510, first take profit at 1550, second take profit at 1570. 3. If it firmly holds above 1630, chase long with stop loss at 1614, first take profit at 1650-1660, second take profit near 1690
4. Short near 1610 with stop loss at 1625, first take profit near 1580, second take profit near 1560
5. If the candle closes below 1550, short with stop loss at 1567, first take profit near 1520, second take profit below 1480
6. If the candle closes below 1500, short with stop loss at 1520, first take profit near 1470, second take profit below 1450
7. Short near 1690 with stop loss at 1715, first take profit at 1660, second take profit near 1630
Total position per trade should not exceed 5%. Strictly follow stop loss, do not hold positions, do not chase trades. Note: Investment involves risks, be cautious. The above strategies are only personal opinions and do not constitute any investment advice. Profit and loss are your own responsibility. ‌
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Salt-BakedBabyPotatoes
· 06-30 16:31
This strategy is quite detailed, with tight entries, but on July 1st the volatility was high, with repeated wicks around 1610. I got stopped out on the short following rule #4, then tried to go long at 1630 but missed the move. In the end, position management saved me—the 5% cap really must be strictly enforced.
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